India's private sector activity continued to expand strongly in May, though the pace of growth eased marginally amid weaker increases in domestic and foreign orders, flash survey results from S&P Global showed on Thursday.The HSBC flash composite output index dropped to 58.1 in May from 58.2 in April. However, a score above 50 indicates expansion in the sector.The survey revealed that a pick-up in...
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.