Manufacturing PMI: Q4 is a litmus test, but no fireworks so far
Source: Live Mint To meet the National Statistical Office’s (NSO) ambitious goal of 6.5% growth in India’s FY25 gross domestic product (GDP), the economy needs to pick up a significant pace in the March quarter (Q4FY25). But the crucial manufacturing sector is losing impetus, shows the latest Purchasing Managers’ Index (PMI) data—a private survey. The…