India's composite PMI stayed strong at 60.7 in July, with robust manufacturing gains and rising output, despite weaker job growth.

• Manufacturing PMI rose to 59.2, a 17.5-year high, outpacing services, which saw slower but solid growth.
• Composite sales and export orders surged; input and output prices also rose amid inflationary concerns.
• Business confidence dipped to a 2.5-year low; job creation slowed to the weakest pace in 15 months.