Manufacturing activity index rises to 8-mth high in march
New Delhi, April 3 -- India's manufacturing activity, as measured by the HSBC India Manufacturing Purchasing Managers' Index (PMI), rose to an eight-month high of 58.1 in March, up from a 14-month low of 56.3 in February, on the back of strong domestic demand. The index has remained above 50 for over three years now. "The new orders index recorded an eight-month high of 61.5," said Pranjul Bhandari, Chief India Economist at HSBC. P12...
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