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Business
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Jun 23, 2025
India's business activity hits 14-Month high in June
India's business scene just hit a 14-month high in June, with both services and manufacturing sectors showing real strength.
The HSBC India Composite PMI jumped to 61, marking three months straight of strong growth—even as the global economy faces some tough times.
TL;DR
Composite PMI at 61, oil prices rising
Services are at their busiest in 10 months, and manufacturing hasn't been this active in over a year—so there's a lot of optimism about what's ahead.
But there's a catch: rising tensions between the US and Iran have pushed oil prices up by 13%, which could make things trickier for businesses if trade routes or supplies get disrupted.