Lahiri, two-under for the first round, moved to four-under through 31 holes and was still tied 15th - exactly where he was after first round - with five holes left to complete on third day when play resumes.
Starting from the 10th with a late afternoon start, Lahiri may well have been even better than where he is had he not missed at least two 10-footers and two more between 13 and 16 feet for birdies. He did have a good long birdie putt from just under 24 feet on par-3 third.
Lahiri birdied both the par-5s on the back stretch of Whistling Straits, which he played first after teeing off from 10th. He birdied the 11th and the 16th, but dropped a shot on par-3 17th, where his 13-footer par putt finished three inches from the cup. He holed a great 24-footer on par-3 second for his third birdie, but saw his 16-footer birdie putt slide past the cup on par-5 second.
Lahiri's prominent birdie misses came on par-4s, 13th and 14th. Still with some steady play, the 28-year-old Indian, who has two big wins this season in Malaysian Open and Hero Indian Open, can still rise higher.
Justin Rose was in third place at 8-under and he was also 5-under for the day through 17 holes.
The clubhouse leader was David Lingmerth, who followed his first round 67 with a 70 in second.
The man of the day was Japan's Hiroshi Iwata, who tied the best round ever at a Major with a 63. The 34-year-old Japanese star is making his first appearance at PGA Championships and his 63 was in sharp contrast to his first round 77.
Tiger Woods continued to struggle as he was one-over through 13 holes after a first round 75. With the cut likely at two-over, four-time PGA Championship winner Woods will need to get a few birdies in his remaining five holes.
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