India Markit/IHS Sept services PMI data just out 5 Oct
- activity expanded for first time in 3 months
- sub index on new business 51.1 vs 47.3 prev
- composite 51.1 vs 45.00 prev
Steps in the right direction again after the recent cash ban-led wobble as demand recovers and firms are pushed to hire at fastest pace in over 6 years.
USDINR currently 65.1450
