Services growth sinks to one-year low in May: PMI

Activity in services sector grew at its slowest pace in a year in May, hurt by weak domestic demand, a private survey showed on Wednesday, while a sharp easing in price pressures virtually cemented the case for another rate cut this week.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2QO2Isg