Mumbai - Following a moderation in growth during December, India’s manufacturing activity showed signs of recovery entering the new year, at a six-month high with the Purchasing Managers’ Index (PMI) for the month of January at 57.7, data released by S&P Global on Monday showed. The rate of expansion was the quickest since last July and outpaced its long-run average. The figure had plunged to a 12 . . .