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2 mins read
India’s May manufacturing reading shows quickest expansion rate in 12 years
The Indian economy is showing resilience despite global headwinds. After the positive surprise in e…
2 mins read
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
2 mins read
India's services PMI climbs to 13-year high in July on pick-up in international sales
India's services sector growth touched a 13-year high in July as a substantial improvement in deman…
PTI
2 mins read
India's services sector PMI hits 12-year high in February
The Indian services sector expanded at the strongest rate in 12 years in February, supported by fav…
PTI
2 mins read
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
2 mins read
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
3 mins read
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
2 mins read
India's manufacturing PMI shows steady growth in Feb
The growth momentum in India's manufacturing sector was maintained in February, with new orders and…
PTI
2 mins read
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
2 mins read
India's services sector growth hits 6-month high in December on strong demand
For the 17th straight month, the headline figure was above the neutral 50 threshold. In Purchasi…
PTI
2 mins read
India's manufacturing PMI hits 13-month high in Dec on rise in new orders, strong demand
The December PMI data pointed to an improvement in overall operating conditions for the 18th str…
PTI
2 mins read
Key manufacturing data point to the direction of stocks in 2022 — and the S&P 500 will struggle to eke out a gain, Morgan Stanley says
There's a tight correlation between the New York Fed's manufacturing survey and the broad equity in…
Carla Mozée
3 mins read
India's services sector output growth hits 3-month high in Nov on strong demand
India's services sector output growth touched a three-month high in November as business inflows …
PTI
2 mins read
Nifty hits life-time high, Sensex jumps 493 points on favourable macro data
Key equity index, Nifty50, hit its lifetime high while Sensex jumped 493 points to close at an 11-w…
PTI
2 mins read
India's mfg PMI hits 3-month high in Nov amid expansion in production, slowdown in inflation: S&P
Manufacturing activities in India touched a three-month high in November as new orders and exports …
PTI
2 mins read
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
2 mins read
Rupee falls 18 paise to close at 81.85 against US dollar
The rupee depreciated 18 paise to close at 81.85 (provisional) against the US dollar on Wednesday o…
PTI
2 mins read
US business activity falls to 3-month low as virus cases slam recovery momentum, IHS says
While manufacturers saw only a slight dip in activity, stricter lockdown measures and rising costs …
Ben Winck
2 mins read
US services expand at the fastest pace since 2014 amid surging demand, IHS says
The Institute for Supply Management's own services gauge signaled weaker growth due to supplier con…
Ben Winck
1 min read
Rupee touches 83.01 against dollar amid key rate hike expectations by US Fed
The rupee on Monday touched a high of 83.01 against the US dollar ahead of the key Federal Reserve …