Reuters: Money News: Services activity shrinks again in August, weakest since 2009

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Services activity shrinks again in August, weakest since 2009 Sep 5th 2013, 00:38 BANGALORE (Reuters) - Indian services activity shrank in August at its quickest pace since the depths of the global financial crisis as new business dried up, a survey showed, the latest evidence that Asia's third-largest economy is rapidly losing steam even as policymakers battle a full-blown currency crisis.

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