India’s private sector activity slowed in November to its weakest in six months, with the composite PMI dipping to 59.9 from 60.4 in October. The manufacturing PMI plunged to a nine-month low of 57.4, weighed down by softer new business orders and global competition, while services activity rose to 59.5. Export demand slipped to its weakest pace since March, cutting into job-creation prospects. With consumer inflation hitting a record low of 0.25 %, expectations are growing for an imminent policy rate cut by the Reserve Bank of India to support growth momentum.