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Boom in services sector bodes well for GDP - finance ministry official

Reuters  |  NEW DELHI 

NEW DELHI (Reuters) - Strong growth in India's services sector "should augur well for 3rd quarter GDP growth," a top finance ministry official said in a tweet on Wednesday. Business activity in India's dominant services sector expanded in November at the quickest pace in four months, lifted by a significant rise in domestic demand, a private survey showed on Wednesday. The figures showed a "strong increase in business activity and in demand," said conomic Affairs Secretary Subhash Chandra Garg. (Reporting by Alasdair Pal; Editing by Rashmi Aich)(This story has not been edited by Business ...

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First Published: Wed, December 05 2018. 11:11 IST
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