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India’s Economic Activity Slips in March, Flash PMI Indexes Show

  • India's HSBC Flash PMI fell to 58.6 in March 2025, indicating slower service sector growth compared to 58.8 in February 2025, according to HSBC.
  • The manufacturing Flash PMI increased to 57.6 in March 2025, highlighting stronger output growth compared to 56.3 in February 2025, as noted by HSBC.
  • Business confidence in India is at a seven-month low in March 2025, driven by rising operational costs and fierce competition, as reported by Pranjul Bhandari, Chief India Economist at HSBC.
  • Foreign institutional investors were net buyers last week, investing Rs 5,819 crore in equity, while domestic institutional investors invested Rs 4,337.80 crore, according to market reports.
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Action Forex broke the news in on Saturday, March 22, 2025.
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