India business activity rebounds in September to 3-month high, PMI shows

India experienced accelerated business growth in September due to increased demand in manufacturing and services sectors. The HSBC flash India Composite Purchasing Managers' Index rose significantly from August, indicating expansion. However, export growth slowed, impacting overall economic performance negatively. Hiring in the services sector also declined, limiting job growth prospects. Input-cost inflation eased, providing some relief to businesses in this competitive environment.