New Delhi: India's manufacturing sector output accelerated to the strongest growth rate in three months during July. Accordingly, the headline seasonally adjusted IHS Markit India...
The PMI ranges between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month.
NSO on Thursday predicted that the economy will contract 7.7 per cent in the current financial year ending in March, the worst performance in four decades
The seasonally adjusted India Services Business Activity Index fell from 53.7 in November to 52.3 in December.
Meanwhile, raw material scarcity at suppliers caused delivery delays and the fastest rise in input costs for over two years.
Manufacturers indicated that the ongoing relaxation of COVID-19 restrictions, better market conditions and improved demand helped them to secure new work in October
"The event will convene an international group of speakers and delegates as well as a community of a thousand delegates from India and regional energy companies, energy-related industries, institutions and governments,"
On the prices front, input prices rose in September, with monitored companies citing higher fuel, meat and vegetable costs. The overall rate of inflation was at a seven-month high.
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