India business growth at four-month high in January: PMI

India's business activity expanded at the fastest pace in four months in January, according to HSBC's flash India Composite Purchasing Managers' Index (PMI). The PMI rose to 61.0, its highest since September, indicating economic growth. The manufacturing PMI increased to 56.9, and the services industry PMI rose to 61.2, both showing accelerated activity.
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