August marked a subtle rise in India's private sector activity, propelled by a rebound in services growth that countered the slowest factory expansion in five years. New orders showed a quicker pace but continued to be underwhelming against historical averages. The services sector's vigorous hiring led to a boost in employment, while business confidence for the future grew, albeit slightly.

August marked a subtle rise in India's private sector activity, propelled by a rebound in services growth that countered the slowest factory expansion in five years. New orders…

India's private sector activity saw a modest recovery in August, driven by improved services growth and quicker new orders, despite factory expansion hitting a five-year low.