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

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

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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India’s manufacturing activities remain strong in October: survey

India’s manufacturing activities remain strong in October: survey

Manufacturing activities in India remained robust and price pressures were contained in October as new orders and production rose at a slower but stronger pace, according to a monthly survey released on November 1. The seasonally-adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) was up from 55.1 in September to 55.3 in October. The […]

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Decline in India’s forex reserves largely due to valuation changes arising from appreciating U.S. dollar: FM Sitharaman

Decline in India’s forex reserves largely due to valuation changes arising from appreciating U.S. dollar: FM Sitharaman

The FM made these remarks during the ongoing annual meeting of the World Bank and the IMF The FM made these remarks during the ongoing annual meeting of the World Bank and the IMF The decline in India’s foreign exchange reserves is largely due to the valuation changes arising from an appreciating U.S. dollar, Union […]

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Decline in India’s forex reserves largely due to valuation changes arising from appreciating U.S. dollar: FM Sitharaman

Decline in India’s forex reserves largely due to valuation changes arising from appreciating U.S. dollar: FM Sitharaman

The FM made these remarks during the ongoing annual meeting of the World Bank and the IMF The FM made these remarks during the ongoing annual meeting of the World Bank and the IMF The decline in India’s foreign exchange reserves is largely due to the valuation changes arising from an appreciating U.S. dollar, Union […]

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Services sector growth slipped to four-month low in July: S&P Global PMI

Services sector growth slipped to four-month low in July: S&P Global PMI

India’s services sector growth hit a four-month low as demand weakened amid inflation pressures, as per the S& S&P Global India Services Purchase Managers’ Index (PMI) which moderated to 55.5 in July from an 11-year high of 59.2 in June. A reading of 50 on the PMI indicates no change in business activity levels. While […]

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Services sector growth slipped to four-month low in July: S&P Global PMI

S&P India services sector PMI growth falls to 4-month low in July

The seasonally adjusted S&P Global India Services Purchasing Managers’ Index Business Activity Index fell from 59.2 in June to 55.5 in July, pointing to the slowest rate of growth in four months. The seasonally adjusted S&P Global India Services Purchasing Managers’ Index Business Activity Index fell from 59.2 in June to 55.5 in July, pointing […]

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In June, demand for services grew fastest since Feb. 2011: S&P Global PMI

In June, demand for services grew fastest since Feb. 2011: S&P Global PMI

Inflation weighs down business confidence, with just 9% firms expecting growth a year later Inflation weighs down business confidence, with just 9% firms expecting growth a year later For India’s Services firms, new business and output rose the at fastest pace in June since early-2011, as per the survey-based S&P Global India Services Purchasing Managers […]

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