India's Services Growth Picks Up In Aug, But Remains At 4-yr Low: PMI

It has been observed that firms continued to hire, with job creation reaching a 15-month high, while price pressures picked up only modestly. “Employment increased at a marked rate, with job creation reaching a 15-month high. Price pressures picked up only modestly: input cost inflation edged up slightly, while prices charged rose at the fastest rate since March as firms passed on higher operating costs,” Bhandari said