Growth in India's dominant services industry accelerated in September as already robust demand strengthened, according to a survey that also showed businesses were the most optimistic in over nine years.
That bodes well for Asia's third-largest economy, which is expected to be the fastest-growing major economy this fiscal year, defying a global slowdown trend.
S&P Global's India services purchasing managers' index rose to 61.0 last month from 60.1 in August, confounding expectations in a Reuters poll for a dip to 59.5.
The reading was above the 50-mark separating growth from contraction for a 26th consecutive month.
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