India’s business activity slightly improved in October, driven by robust demand in the manufacturing sector. HSBC’s flash India Composite PMI rose to 58.6 from 58.3 in September. Manufacturing and services indices both saw gains, with manufacturing job creation at its highest since February 2006. Strong sales and increased exports enabled companies to pass higher costs to customers, despite rising input prices.
Samachar Patra Pro: News Everywhere, Always Accurate – Get the World's Major News, Rapidly!