June's manufacturing PMI ends on 3-month high
The Nikkei Markit India Manufacturing Purchasing Managers' Index, a composite indicator of manufacturing performance, rose to a three-month high of 51.7 in June from 50.7 in May. This comes amid an upturn in the ​growth of both production and new foreign orders, an economist at Markit said. However, he added that sluggish global demand remained a worry for Indian manufacturers.