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Indian manufacturers see softer increases in new business, output in August: PMI

In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. …

PTI   


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Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%

The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …

ANI   


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India's economic momentum stays strong with composite PMI at 60.7 in July 2024: Anand Rathi report

The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven con…

ANI   


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India's manufacturing sector growth falls to 18-month low in December on softer rise in orders, output

India's manufacturing sector growth fell to an 18-month low in December amid softer increase in fac…

PTI   


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India's coal output grows 8.40% to 222.93 MT in April-June 2023

Captive mines /others registered a growth of 4.74 per cent to 30.48 MT in Q1 FY24, from 29.10 MT…

PTI   


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India's services sector growth surges to 13-yr high in Sep: S&P survey

India's services sector grew at a robust pace in September, as a positive demand environment booste…

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4 mins read

SUVs drive Mahindra & Mahindra’s 14% auto sales growth in May to 61,415 vehicles

Passenger vehicle sales hit 32,886 units in May compared with 26,904 units a year earlier. The comp…

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Moody's retains India's 2023 growth forecast at 6.7% on strong domestic demand

India's real GDP rose 7.8 per cent year-over-year in June quarter, up from 6.1 per cent in Ma…

PTI   


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Domestic demand to keep India's growth above other G20 emerging markets: Moody's

Moody's Investors Service expects India's economic growth in 2024-25 growth above that of other eme…

ANI   


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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   


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4 mins read

Wine vs Tea: India’s consumption trends show a sharp divergence

The categories of goods where price matters are seeing low growth in output – a reflection of deman…

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2 mins read

CHART OF THE DAY: Industrial output shows high interest rates aren't hurting the economy yet

"We don't see sufficient evidence that the global economy is headed for severe recession," Ned Davi…

Matthew Fox   


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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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India's manufacturing sector growth climbs to 4-month high in Jan on sharper upturn in new orders

India's manufacturing sector growth climbed to a four-month high in January as a sharper upturn in …

PTI   


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ITC Q2 net profit rises 6.1% to Rs 4,955.90 crore

Diversified entity ITC Ltd on Thursday reported a 6.11 per cent rise in consolidated net profit to …

PTI   


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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…

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India smart TV market grew 8% in first half of 2023

IDC expects 2023 to remain flat or register single-digit growth led by the upcoming festive season.…

ANI   


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3 mins read

US GDP badly missed growth estimates in the 2nd quarter - but the economy is still bigger than it was before the COVID-19 recession

US economic output grew at an annualized rate of 6.5% in the second quarter, missing the 8.5% estim…

Ben Winck,Andy Kiersz   


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India's industrial output grows 3.1% in September, beats analyst expectations

Expressing satisfaction at the 3.1 per cent growth in India's industrial production in September, e…

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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…