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2 mins read
China's manufacturing activity shrinks in September, running at its slowest pace since the start of the pandemic due to the country's energy crunch
Manufacturing data from China is reflective of the impact of the recent energy crunch on production…
Shalini Nagarajan
2 mins read
US economic recovery weakens with election and pandemic presenting new risks, IHS Markit says
IHS Markit's Composite PMI sank to 54.4 in September from 54.6, signaling the US rebound continued,…
Ben Winck
2 mins read
Rupee plunges 45 paise to close at 83.59 against US dollar
The Rupee tumbled 45 paise to close at 83.59 (provisional) against the US dollar on Tuesday as the …
PTI
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
2 mins read
US service sector expands for first time in 2020 on improved consumer spending, IHS Markit says
Both manufacturers and service providers benefited from increased consumer demand as lockdowns were…
Ben Winck
1 min read
US business activity jumps to a 4-month high in June, showing that the shock of the coronavirus pandemic is easing
"The improvement will fuel hopes that the economy can return to growth in the third quarter," said …
Carmen Reinicke
1 min read
Nifty makes significant gains on positive PMI, GDP data
Mumbai, Sep 1 (IANS) Domestic markets made significant gains buoyed by favourable global cues, a hi…
2 mins read
Rupee jumps 9 paise to 83.37 against US dollar in early trade
At the interbank foreign exchange, the domestic unit opened strong at 83.40 and touched the int…
PTI
2 mins read
Manufacturing at Indian companies rises at quickest pace in over a decade during October
In April, the index had slipped into contraction mode, after remaining in the growth territory for …
PTI
1 min read
India's manufacturing sector loses growth momentum in November, PMI falls to three-month low
India's manufacturing sector lost growth momentum in November, as a slower order flow and Covid-rel…
2 mins read
China's factory activity hits quickest expansion in 10 years in November, driven by a burst in output and new orders
The strong upturn in China's economy boosted the fastest increase in employment since May 2011, IHS…
Shalini Nagarajan
2 mins read
Services are roaring back to life in a 'post-Omicron rebound' according to one of the most closely watched business surveys
A popular gauge of service-sector health just improved for the first time in three months. Manufact…
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
Gold plunges ₹1,450 to ₹72,200, silver prices dive by ₹2,300
Declining for the second day in a row, gold prices tumbled by Rs 1,450 to Rs 72,200 per 10 grams in…
PTI
2 mins read
India's service sector grew the strongest in almost 11 years this October
New Delhi, Nov 3 (PTI) India's services sector activity expanded at the strongest pace in ten-and-a…
PTI
2 mins read
US business activity leaps to fastest growth rate since February 2019, IHS Markit says
October indexes suggest the US "started the fourth quarter on a strong footing," Chris Williamson, …
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 …
2 mins read
Stock market today: US stocks rise ahead of big week for economic data
"Bad news has been good news for equities over the past two months, but if growth deteriorates too …
Matthew Fox
2 mins read
US business activity picks up as manufacturing gauge hits record high, IHS Markit says
The US services sector improved but remained pressured by COVID-19 lockdowns and increased input co…
Ben Winck
2 mins read
Sensex hits record high on overall firm macro-economic conditions
Indian stock indices, which have been buoyant over the past several sessions, touched their all-tim…