India’s PMI for manufacturing recorded the strongest growth in 13 years in October at 58.9Movement of high-frequency indicators in October point towards a broad-based resurgence of economic activity, notably in healthy kharif or winter crop output
2 min read4 Nov 2020The increase in hiring could well be driven by the run-up to the festive season and may lose momentum in the coming months
1 min read6 Nov 2018The Nikkei/IHS Markit Services PMI rose to 52.2 last month from a four-month low of 50.9 in September, holding above the 50-mark that separates growth from contraction for five straight months
1 min read5 Nov 2018Despite these robust conditions, business optimism among manufacturers dipped to a 20-month low, on fears that market conditions may not remain as supportive as they are now
1 min read2 Nov 2018Even though the manufacturing PMI remained above the expansion threshold for the third consecutive month in October, it was only marginally in positive territory
1 min read2 Nov 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared