Business activity remained robust in May, led by the services sector and strong growth in exports while job addition was highest in 18 years. The HSBC Flash India Composite Output Index rose to 61.7 in May, indicating the third-strongest rate of expansion in private sector output since July 2010. Positive developments included record rise in aggregate exports, steepest expansion in private sector jobs since Sept 2006, and improvement in business confidence.
India scripts a seamless growth story eyeing USD 30 trillion GDP by 2047
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ONGC targets to increase oil & gas production by 20% by FY27
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