New Delhi, April 23 -- After losing some momentum in March due to the West Asia conflict, growth across India's private sector expanded at a faster pace at the start of the new fiscal year in April. Early survey data indicated a quicker upturn for manufacturers than service providers, although growth picked up pace in both cases.
There were quicker increases in new orders and output, alongside the reinstatement of job creation and a rebound in business confidence in April, according to HSBC's Flash India Purchasing Managers' Index (PMI) released on Thursday.
The flash survey, an advance estimate ahead of final PMI readings, offers an early indication of shifts in economic sentiment and output. The final data for April will be released e...
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