Zeebiz.com
New Delhi, Aug 03: India's services sector growth rate saw a slight fall in July but remained in the positive terrain for the ninth month in a row, amid rise in new orders and employment levels holding up, an HSBC survey says.
The HSBC's services purchasing managers index (PMI) for July stood at 54.2, tad lower from 54.3 in June.
Despite a 10 basis points dip, the index has kept above the 50 mark, indicating growth, since November 2011.