Prime Minister Narendra Modi on Friday said production linked incentive (PLI) scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's productio...
India’s industrial production entered the negative zone after two months with a year-on-year contraction of 1.9 per cent in November because of poor showing by the manufacturing and mining secto...
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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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 surprise resilience shown by the manufacturing sector that restricted GDP contraction to only 7.5 per cent in the September quarter could be a result of massive purge in costs such as employee cos...
The Indian economy is in recession for the first time in 24 years but the latest available figures also suggest the pandemic-induced contraction is easing off, marked by a pick-up in manufacturing.
T...
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...
Hit by the slump that’s become the norm across the world, a manufacturer of electric vehicles decided to diversify into the product that is now ruling the world: masks. Having bagged a massive o...
The manufacturing sector expanded in August after four months of contraction as Covid restrictions were relaxed even though firms continued to cut jobs, a monthly survey indicated.
The headline seaso...