India’s private sector activity accelerated in April despite disruptions from the Middle East conflict pressuring costs and raising oil prices, with manufacturing and services rebounding after a brief cooling, a flash survey showed on Thursday. HSBC’s flash India Composite Purchasing Managers’ Index (PMI), compiled by S&P Global, rose to 58.3 in April from 57.0 in March, staying well above the 50-mark that separates expansion from contraction for nearly five years, a Reuters report showed.