The HSBC Flash India PMI rose to 60.7—the highest print in four months—in December from 58.6 in November, S&P Global said in a release on Monday.
The acceleration was reflected in both manufacturing and service sectors, as companies across the two segments welcomed a faster upturn in new business intakes, it said.
Aggregate job creation climbed to a "survey peak" amid a faster increase in outstanding business volumes and optimistic expectations for output in 2025, it said. "Meanwhile, a moderation in cost pressures somewhat curbed charge inflation."
This story is from the December 17, 2024 edition of Financial Express Pune.
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This story is from the December 17, 2024 edition of Financial Express Pune.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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emissary he had deployed. Although sceptical, I bounded off to North Block and was ushered in. It was my first official meeting with the FM. I conveyed the request, not a direction, of the prime minister. Dr Singh was puzzled — I could see that on his face — by the message or, perhaps, the messenger. He listened politely and told me that the second step had already been taken within minutes of the markets opening at 10 am.
