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.

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.