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India Sees Record Rise In Exports, Employment At 18-Year High In May: Report
The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday. The PMI data, compiled by S&P Global, indicated the third-strongest upturn in private sector output since July 2010. Although the manufacturing industry continued to lead the growth of both sales and output, it was the service economy that was responsible for the latest acceleration in overall economic expansion. Other positive developments highThe Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly ....
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