India's Composite PMI rises to 3-month high
The Nikkei India Composite PMI Output Index, which maps both manufacturing and services sectors, rose to a three-month high of 52.4 in July from 51.1 in June. Meanwhile, the Services Business Activity Index, also jumped to a three-month high from 50.3 in June to 51.9 in July, backed by strong business inflows. The 50-mark distinguishes expansion from contraction.