TAG: PMI
April 22-27 Events: Earnings, Inflation, PMI & More
While April may be nearing its end, its financial and economic events are far from over. This week, key events are set to take place, reflecting the state of the global economy and the financial markets. From the US to the Eurozone, here are this week’s m...
5 months ago
Economy momentum continues in July with some mixed signals
The Indian economy continued its momentum at the start of the second quarter, with high frequency data released on August 1 throwing some mixed signals.Gross GST collections rose 10.3 percent to a three-month high of Rs 1.82 lakh crore compared with Rs 1....
2 months ago
India's service activity eases to 60.3 in July: Survey
India's service activity eased to 60.3 in July compared with 60.5 in the previous month, according to the results of a private survey released on August 5.The HSBC India Services Business Activity Index has stayed above 60 since the start of the year.Manu...
2 months ago
Economy sustained momentum in first four months of FY25: Finance ministry
The Indian economy has sustained its momentum in the first four months of FY 25 and the 6.5-7 percent growth forecasted in the Economic Survey stands for now, the finance ministry has said in its first economic review after the Lok Sabha elections.“GST co...
1 month ago
Core sector output contracts by 1.8% in August
India’s core sector output contracted 1.8 percent in August compared with 6.1 percent in the previous month, according to data released by the government on September 30.This represents a marked slowdown in growth to 4.6 percent for the first five months...
2 weeks ago
Manufacturing activity declines to eight-month low of 56.5 in September
India's factory activity declined to an eight-month low of 56.5 in September from 57.5 in the previous month, according to the results of a private survey released on October 1.The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index, w...
2 weeks ago
Industrial growth contracts for first time in 22 months in August
India's industrial growth shrunk for the first time in 22 months by 0.1 percent in August compared with 4.7 percent in the previous month owing to an unfavourable base, according to data released by the government on October 11.Industrial growth had expan...
5 days ago
Trade deficit narrows to 5-month low of $20.8 billion in Sept
India’s trade deficit narrowed to a five-month low of $20.8 billion in September from $29.7 billion a month back, according to data released on October 16, as merchandise export growth turned positive for the first time in three months.Exports were down 0...
3 hours ago