PMI News

Economy

Business activity grew at fastest pace in 14 years in April, HSBC survey shows

The HSBC Flash India Composite PMI output index climbed to 62.2 in April from a revised reading of 61.8 in March, marking the fastest rate of increase in aggregate business activity since June 2010.

3 min read23 Apr 2024
Economy

Business activity in March grew at its fastest pace in eight months, HSBC survey shows

The HSBC Flash India Composite PMI Output Index climbed to 61.3 in March from a revised reading of 60.6 for February, marking the fastest rate of expansion in the manufacturing and service sectors since July 2023.

3 min read21 Mar 2024
Economy

India’s services PMI at 6-month high in January

India’s January services growth at six-month high on robust demand -PMI

2 min read5 Feb 2024
Economy

India’s manufacturing PMI rises to 56 in November, input costs at 40-month low

The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) climbed to 56 last month, rebounding from October’s eight-month low of 55.5

2 min read1 Dec 2023
Economy

India’s manufacturing PMI eases for second month to 57.7 in July

Pressure continued to come on capacity, prompting firms to expand employment solidly again, a trend that is likely to continue in the months ahead should demand remain strong, S&P said.

2 min read1 Aug 2023
Markets

Services  spring to life in October

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 2020

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Budget

The 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

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