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First signs of fallout emerge! US-Iran war hits India’s private sector growth; manufacturing activity slumps to over 4.5-year low

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​The manufacturing sector was hit the hardest, with its PMI dropping to a four-and-a-half-year low of 53.8 from 56.9. Heightened uncertainty and volatility linked to the Middle East conflict weighed on sentiment.

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First signs of fallout emerge! US-Iran war hits India’s private sector growth; manufacturing activity slumps to over 4.5-year low

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