ReferIndia News October business activity eases to five-month low as services slow down

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October business activity eases to five-month low as services slow down

Published on: Oct. 24, 2025, 11:37 p.m. | Source: The Economic Times

October brought a pause in India's private sector momentum, with growth sliding to a five-month low. The services industry faced a setback, weighing down on the overall economic landscape. On a brighter note, manufacturing gained traction from GST rate cuts, although US tariffs continued to cast a pall over new export opportunities and overall business sentiment.

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