Global development banks are stepping up coordination to help countries face intensifying economic uncertainty. By combining funds, expertise and risk-management tools, they plan to deliver faster support for immediate pressures while strengthening long-term resilience. The push will prioritize protecting vulnerable populations and accelerating private sector growth, jobs and sustainable development.
India’s private sector activity expanded in April, with both manufacturing and services rebounding strongly, according to PMI data. The uptick came even as firms faced higher costs linked to the Middle East conflict and oil shock. Domestic demand stayed resilient, companies increased stockpiling, and employment improved, signaling confidence despite global risks.
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India’s private sector picked up momentum in April, led by manufacturing with stronger output and new orders. Companies expanded capacity, invested in technology, and even built buffer stocks to soften supply-chain uncertainty. Employment growth rose as well. Fuel and raw-material costs increased, but businesses remained confident about future output growth.
Adani Power has formed a new company, Rawatbhata-Raj Atomic Energy, to broaden its nuclear power push. The firm is a wholly owned subsidiary of Adani Atomic Energy Ltd, underscoring the group’s long-term commitment to atomic energy. The move adds to India’s expanding nuclear capacity, with private players increasingly taking a role in generation plans.
India’s private sector growth accelerated in April, with the HSBC Flash Composite PMI rising to 58.3 as manufacturing and services rebounded from the previous month. Despite war-driven concerns and fuel disruptions linked to the Hormuz region, hiring surged to a 10-month high. Price pressures eased only partially, while confidence slipped as firms weighed near-term uncertainty.
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