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India manufacturing PMI rises to 55 in May, hits three-month high India's manufacturing activity accelerated in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) rising to 55.0 from 54.7 in April, marking the strongest improvement in the sector's health in three months.
General NS Raja Subramani takes charge as Ind Lt Gen NS Raja Subramani (Retd) on Sunday assumed charge as India's Chief of Defence Staff (CDS), succeeding Gen Anil Chauhan, and pledged to drive military modern

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