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India's Key Developments: Economic Resilience, Strategic Alliances, and Domestic Affairs (October 24-25, 2025)

October 25, 2025

India has seen a mix of significant developments over the past 24 hours, including a tragic bus accident claiming at least 25 lives in Andhra Pradesh. Economically, while manufacturing growth strengthened, overall private sector activity eased slightly in October, even as the IMF projected India's economy to outpace China in 2025-26. Internationally, India is nearing a trade deal with the US and has solidified a new security pact with Australia. Domestically, political campaigns are heating up in Bihar, the Defence Procurement Manual 2025 has been released, and a national Snow Leopard Census was unveiled.

Question 1 of 16

1. The HSBC India Manufacturing PMI for October 2025 rose to 58.4. What does a PMI value above 50 generally indicate?

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