India's private sector activity grew at the slowest pace in nearly three-and-a-half years amid inflationary pressures and unstable market conditions along with the impact of the Middle East war, flash survey results from S&P Global showed on Tuesday.
The HSBC flash composite output index dropped to 56.5 in March from 58.9 in February. Nonetheless, a score above 50 indicates expansion in the sector.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.