World’s Worst PMI Signals 15% Contraction in India’s Economy
A bus conductor displays Indian bank rupee notes for a photograph in Coonoor, Tamil Nadu, India. (Photographer: Dhiraj Singh/Bloomberg)

World’s Worst PMI Signals 15% Contraction in India’s Economy

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(Bloomberg) -- India’s dominant services industries crashed last month, signaling a massive contraction in the economy during the strict stay-at-home restrictions.
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