Manufacturing activity continued to grow in December to meet increasing demand, a private survey showed on Monday, although the employment situation worsened as firms continued to reduce headcounts.
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The Indian economy is witnessing a V-shaped recovery as the gross domestic product (GDP) has recorded a quarter-on-quarter growth of 23 per cent in the July-September quarter of this fiscal, according...
A mixed set of data points for some high-frequency indicators have pointed to the challenges the economy may face as it looks to quickly regain normalcy from the ravages of the pandemic amid fears ove...
The Indian economy has technically entered a phase of recession, which is defined as two consecutive quarters of decline in real (inflation adjusted) gross domestic product. The first quarter had expe...
Data giant S&P Global Inc has agreed to buy IHS Markit Ltd in a deal worth $44 billion that will be 2020’s biggest merger, creating a heavyweight in the increasingly competitive market in fi...
Activity in the services sector expanded for the first time in eight months with a pick-up in demand, but firms continued to shed jobs on account of the pandemic.
The India Services Business Activity...
India’s manufacturing sector activity expanded at its fastest pace in over a decade in October as demand and output continued to recover strongly from Covid-19 disruptions even as firms cut more...
The crippled services industry fell for the sixth straight month in August as Covid-19 restrictions continued to hurt business operations and demand, causing the longest streak of job losses on record...
The manufacturing sector contracted for the third straight month in June even as it softened considerably compared with April and May, a private survey showed.
The Manufacturing Purchasing Mana...
Manufacturing activity picked up pace in November even as the growth rates for new orders as well as production were modest, a monthly survey said.The IHS Markit India Manufacturing PMI rose to 51.2 i...