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Silver lining? India races past China, Russia, Brazil in May, says HSBC

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New Delhi: Economic growth in emerging market economies remained sluggish in May, but India expanded at a better rate than the three BRIC peers China, Russia and Brazil, an HSBC survey said today. During May, the HSBC composite index for India, which maps both manufacturing and services sectors, stood at 52, whereas for China it [...] Reported by Firstpost 1 hour ago.

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