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 Managers’ […]
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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 issued […]
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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 issued […]
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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 for […]
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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 continued […]
Continue ReadingBusiness 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 14 […]
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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, and […]
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Dutch Disease in economics refers to a phenomenon wherein a country witnesses uneven growth across sectors due to the discovery of natural resources, especially large oil reserves. According to the concept, when a country discovers natural resources and starts exporting them to the rest of the world, it causes the exchange rate of the currency […]
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