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Trial services index shows 10 of 19 sub-sectors post double-digit growth in July

India on Tuesday unveiled the fourth trial Index of Services Production (ISP), which marks a significant overhaul of the country’s economic statistics and provides policymakers with a long-awaited monthly measure of activity in the services sector that accounts for more than half of the economy.

Trial services index shows 10 of 19 sub-sectors post double-digit growth in July

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