India's Purchasing Managers' Index surges to 65.2 in August
India’s private sector economy expanded at its fastest pace on record in August, according to HSBC’s flash Purchasing Managers’ Index survey released on Thursday. HSBC's flash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, jumped to 65.2 in August from July's 61.1. This reading marked the highest level since the survey began in December 2005, Republic World reported.