India’s Economic Activity Climbs in April, Flash PMIs Show

India’s economic activity improved in April on strong international demand for goods and services, a flash survey by HSBC Holdings Plc showed.

The manufacturing purchasing managers’ index rose to highest level in a year to 58.4 this month from 58.1 in the previous month, while the services purchasing managers’ index climbed to 59.1 from 58.5 in March. That helped the composite index jump to 60 compared to 59.5 last month.

The indexes show business confidence in the economy and are based on preliminary surveys. The data could get revised when final PMI figures are released next month. A reading ...