India Services PMI Shows “Extreme Decline” In April

India Services PMI Shows ‘Extreme Decline’ In April
A cyclist travels in the Churchgate area during a lockdown imposed due to the coronavirus in Mumbai, India, on Sunday, April 5, 2020. The World Bank has offered $1 billion in emergency financing to help India increase its screening, contact tracing, and laboratory diagnostics to fight the coronavirus outbreak. Photographer: Dhiraj Singh/Bloomberg

India Services PMI Shows ‘Extreme Decline’ In April

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The nationwide lockdown, which continued through the month of April, brought India’s services sector to a near standstill, showed data released by IHS Markit on Wednesday.The India Services Busines...