India’s economic activity slows in November, flash PMIs show

India’s economic activity slowed in November, weighing on job creation, a flash survey by HSBC Holdings Plc showed, as the US’s steep tariffs continued to pinch the South Asian nation.The manufacturing purchasing managers’ index slipped to 57.4 from 59.2 in October, while the services purchasing managers’ index climbed to 59.5 from 58.9 last month. That pushed the composite index down to 59.9 this month compared with 60.4 in October.The indexes reflect business confidence in the economy and are based on pre ...