India's strong private sector expansion loses some steam in September, PMIs show

India's private sector experienced slower growth in September, according to a recent survey. The Composite Purchasing Managers' Index dipped from its August high. Both factory output and services growth cooled. New business grew, but at a weaker pace. Job creation also slowed. Input cost inflation eased, but manufacturers hiked selling prices. Business sentiment strengthened, anticipating demand and tax cuts. U.S.