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India's manufacturing PMI hits 3-month high in March amid demand resilience

Manufacturing activities in India touched a three-month high in March boosted by faster expansions …

PTI   


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Services sector activity in India hits 7-month low in Oct on softer increase in output, new business

The services sector growth in India fell to a seven-month low in October on softer increase in outp…

PTI   


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Stock markets rebound as GST revenues hit record in April

​​Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record …

PTI   


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India's manufacturing sector clocks second fastest expansion of the year in June

The manufacturing sector activities in India moderated in June from a 31-month high in May. However…

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India's manufacturing PMI hits 4-month high in Apr on new orders, favourable market conditions

Manufacturing activities in India accelerated further and touched a four-month high in April, boost…

PTI   


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Business owners say inflation is pulling the US recovery back into a rut after a post-Omicron surge

S&P Global's index of US business output fell in April, missing forecasts and signaling the weakest…

Ben Winck   


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The backbone of the US economy roared back to life at record speed in March

The Institute for Supply Management's gauge of the service industry - which counts for 70% of US ou…

Ben Winck   


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Sensex, Nifty hit record high levels on impressive GDP data, foreign fund inflows

Benchmark equity indices Sensex and Nifty rallied more than one-and-a-half per cent to hit their li…

PTI   


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India's services sector growth climbs to near 13-year high in April: PMI

India's services sector growth accelerated in April, as strong demand conditions resulted in the fa…

PTI   


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RBI may hike benchmark lending rates by 25 bps in April: DBS

The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…

PTI   


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US business output climbs the most in nearly 6 years as services bounce back, IHS Markit says

While service-sector activity rebounded in a February reading, hiring didn't show a similar jump am…

Ben Winck   


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India's service sector activity falls to 6-month low in Sep amid inflation, competition: PMI

India's service sector activity falls to 6-month low in Sep amid inflation, competition: PMI

PTI   


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Omicron shut down the economic recovery in January, sending private-sector growth to its weakest level since July 2020

IHS Markit's measure of overall business growth showed output slowing to 50.8 in January and teeter…

Ben Winck   


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Inflation, weather and more push July services sector growth to a 4-month low

India's services sector lost momentum in July as demand was curtailed by competitive pressures, ele…

PTI   


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The commodity boom is over across energy, metals and agri products: S&P

Energy, metals and agriculture prices have all tumbled from their March peak on inflationary recess…

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US businesses are growing faster than ever as the economy reawakens

A reopening began in March, and several indicators of US business activity hit record highs in Apri…

Ben Winck   


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US factories struggle to meet demand as shortages slam production

Hiring difficulties, ballooning order backlogs, and supply-chain disruptions plagued factories in A…

Ben Winck   


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Fed interest rate decision, Q4 earnings, macroeconomic data to drive markets this week: Analysts

Markets would remain closed on Monday on account of 'Maharashtra Day'. "The global picture…

PTI   


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US manufacturing grows at its fastest rate in 17 months, Institute for Supply Management says

The organization's employment gauge gained to 44.3 from 42.1, remaining deep in contractionary terr…

Ben Winck   


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Bitcoin edges higher after dismal February for risk assets as investors assess rate outlook and new China data

Bitcoin has surged by more than 40% so far in 2023 and started off March on stronger footing.

Carla Mozée