Purchasing Managers Index
The seasonally-adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) declined to 48.1 in June from 50.8 in May.
Banks and non-banks must use liquidity windows and newfound demand for credit to push economic revival aggressively
Centre must increase public spending to stimulate demand and strengthen growth momentum
Manufacturers indicated that the ongoing relaxation of COVID-19 restrictions, better market conditions and improved demand helped them to secure new work in October
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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