​Too good to last: On November’s industrial data, the Indian economy

[ad_1] India’s relatively strong industrial performance in November 2025, especially driven by the manufacturing sector as it was, was more likely a flash in the pan than the start of a consistent trend. The Index of Industrial Production (IIP) grew 6.7% in November, the fastest growth rate in 25 months. Within this, the manufacturing sector […]

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Govt sets up committee to examine tax, export clearance issues of manufacturing sector

[ad_1] The Government has set up a committee to examine the tax and export clearance issues being faced by manufacturing units and suggest measures to further streamline the system amid high tariffs imposed by the U.S., an official has said. The Committee includes representatives from the Finance Ministry, Department for Promotion of Industry and Internal […]

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Manufacturing output, orders rebound in November: S&P Global PMI

[ad_1] A worker cuts metal inside a workshop manufacturing metal pipes in Mumbai, India August 11, 2017. | Photo Credit: Reuters In November, India’s manufacturing sector recorded the best uptick in output and new orders since August and falling input costs lifted sentiment to an eight-year high, as per the S&P Global India Manufacturing Purchasing […]

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Govt cuts export duty on steel, iron ore; hikes import duty on some raw materials

[ad_1] Iron ores being loaded on to a ship at the New Mangalore Port Trust.  File photo | Photo Credit: R. Eswarraj Six months after imposition of the levy, the government has cut the export duty on steel products and iron ore with effect from Saturday, November 19, 2022. As per a Finance Ministry notification […]

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Govt cuts export duty on steel, iron ore; hikes import duty on some raw materials

[ad_1] Iron ores being loaded on to a ship at the New Mangalore Port Trust.  File photo | Photo Credit: R. Eswarraj Six months after imposition of the levy, the government has cut the export duty on steel products and iron ore with effect from Saturday, November 19, 2022. As per a Finance Ministry notification […]

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India’s manufacturing sector to sustain growth momentum for next 6-9 months: Survey

[ad_1] The seasonally-adjusted S&P Global India Manufacturing PMI was up from 55.1 in September to 55.3 in October The seasonally-adjusted S&P Global India Manufacturing PMI was up from 55.1 in September to 55.3 in October The growth momentum which has been witnessed by India’s manufacturing sector for the past few months is likely to stay […]

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Data | Indian manufacturers on recovery path, yet urban consumers lack confidence

[ad_1] Manufacturing, service and infrastructure sectors are on the recovery path, but consumer confidence about the economy is yet to reach pre-COVID levels Manufacturing, service and infrastructure sectors are on the recovery path, but consumer confidence about the economy is yet to reach pre-COVID levels The share of urban consumers pessimistic about the Indian economy […]

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Services sector bounces back in August, creates most jobs in 14 years

[ad_1] Business sentiment in India recovers to best level since May 2018, as per S&P Global India Services PMI  Business sentiment in India recovers to best level since May 2018, as per S&P Global India Services PMI  India’s services sector rebounded in August from a four-month low in July and created the highest jobs in […]

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Manufacturing sector gets $21bn foreign direct investment in FY22

[ad_1] PTI New Delhi July 28, 2022 13:42 IST Updated: July 28, 2022 13:42 IST PTI New Delhi July 28, 2022 13:42 IST Updated: July 28, 2022 13:42 IST Commerce Ministry said the government has implemented several reforms under the FDI policy regime across sectors such as insurance, defence, telecom, financial services, pharmaceuticals, retail trading, […]

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