First signs of fallout emerge! US-Iran war hits India’s private sector growth; manufacturing activity slumps to over 4.5-year low
Experts have cautioned that the ongoing Middle East conflict will impact India’s growth story. (AI image) In the first signs of the impact of the US-Iran war on the Indian economy, the private sector recorded its slowest expansion in more than three years in March, according to the latest HSBC PMI survey. Rising prices linked…