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04 Nov 2026•
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India's Services Sector Growth Hits Four-Month High in October
📷 Image: Wikimedia Commons / Ministry of Ports, Shipping and Waterways
Business

India's Services Sector Growth Hits Four-Month High in October

✍️ Asianet Newsable 🗓 04 Nov 2026, 08:36 PM 👁 16
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India's services sector saw its growth rate reach a four-month high in October, according to a recent report by Asianet Newsable.

The report released by Asianet Newsable indicates that India's services sector growth reached a four-month high in October. The services sector remains the largest contributor to the country's GDP.

While the report does not provide specific figures, it points to sustained demand in key sub‑sectors such as IT, finance and hospitality.

Analysts suggest that the uptick reflects the sector’s resilience amid global economic uncertainties and domestic policy measures.

The report also highlights the importance of the services sector for job creation and its role in supporting future economic expansion.
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