India’s January services growth at six-month high on robust demand -PMI

India's dominant services sector expanded at the fastest pace in six months in January on robust demand, according to a business survey which also showed output prices rose at their slowest rate since February 2023 and optimism was at a four-month high. That indicated India would continue to hold its title of fastest growing major economy over the coming months, reducing pressure on the government and allowing it to focus on fiscal consolidation over the coming year.