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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
(RTTNews) - India's manufacturing and service sectors recorded slower expansions in activity in December, data from Markit Economics showed Wednesday.
(RTTNews) - India's manufacturing and service sectors recorded slower expansions in activity in December, data from Markit Economics showed Wednesday.
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India's Dec Private Sector Activity Growth Slows
(RTTNews) - India's manufacturing and service sectors recorded slower expansions in activity in December, data from Markit Economics showed Wednesday.
The headline HSBC composite Purchasing Managers' Index fell to 58.9 from 61.3 in November. However, the index stayed well above the neutral 50 level, suggesting marked expansion in the private sector output.
Incoming new business received by service companies in India increased strongly in December, but the latest expansion rate eased. Despite the weaker rise in new work intakes, outstanding business advanced during December for a second consecutive month.
The survey found that employment in the Indian service sector increased moderately during December.
Further, data signaled a marked rise in input costs faced by companies in India. Output prices also rose markedly in December as Indian companies found it easier to pass on higher costs. Service companies in India remained optimistic in December over future business prospects.
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