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India's March business activity ends fiscal year on strong note

By Economic Times - 8 months ago
India's economy surged in March, marking its fastest expansion in eight months per HSBC's PMI. Manufacturing led growth, hitting its highest level since 2008, with robust demand and strong exports. Despite rising prices, optimism for the year ahead increased, fostering hiring. However, inflationary pressures may deter rate cuts by the Reserve Bank.

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