GST, PMI data for July point to firm recovery - The Economic Times

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose to 56.4 in July from 53.9 in June on the back of a significant rise in business orders.

India's monthly goods and services tax (GST) collection hit the second highest ever in July while manufacturing activity bounced back to an eight-month high, indicating that economic recovery remaine… [+1649 chars]

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