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August 23, 2025 - Current affairs for all the Exams: India's Economy Surges to Record Growth Amidst Tariff Concerns and Policy Shifts

August 23, 2025

India's private sector activity expanded at a record pace in August 2025, driven by a strong services sector, with projections for Q1 FY26 GDP growth ranging between 6.7-7%. This robust performance comes despite rising inflationary pressures and new U.S. tariffs on Indian exports, which have led to significant earnings downgrades for Indian companies. Key policy developments include SEBI's proposed changes to block deal regulations and the government's move towards regulating online gaming.

Question 1 of 10

1. What was India's Composite Purchasing Managers' Index (PMI) in August 2025, as reported by HSBC's flash survey?

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