Economy News
India's PMI surges in June, steel and services sectors drive economic growth: SBI

The manufacturing Purchasing Managers' Index (PMI) soared in June 2024, driven by robust demand and the highest hiring activity in 19 years, according to an SBI report. Concurrently, the Eight Core Industries Index expanded by 6.5 per cent year-on-year in the first two months of FY25, buoyed primarily by increased activity in essential sectors such as coal, natural gas, and electricity.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/indias-pmi-surges-in-june-steel-and-services-sectors-drive-economic-growth-sbi/articleshow/111626752.cms