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flag India's services sector growth slows to a two-year low, but new exports support expansion.

flag India's services sector saw its slowest growth in over two years in January, with the Services Purchasing Managers' Index (PMI) dropping to 56.5 from 59.3 in December. flag Despite the slowdown in sales and output, the sector still expanded, and new export business helped offset the decline. flag Job creation also accelerated, with more hiring expected over the next 12 months.

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