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'India's mfg sector growth moderated in August on softer rise in sales, outpuť
September 03, 2024
|Millennium Post Delhi
According to the survey, new business rose sharply through the second quar- ter of the fiscal year, but the pace of expansion eased to a seven-month low
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India's manufacturing sector growth moderated in August as output and sales rose at slowest rates since January, while competitive pressures and inflation concerns hampered business confidence, a monthly survey said on Monday.
The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) stood at 57.5 in August, below July's reading of 58.1 but above its long-run average of 54.0, signalling a substantial improvement in operating conditions. In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
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Millennium Post Delhi
Pine Labs sets IPO price band at ₹210-221, aims to raise ₹3,900 cr
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‘FOR GREATER GOOD’ After historic win, leadership change?
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India’s Death Traps
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As SA lick wounds, Wolvaardt says team on right track after 3rd final
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‘Use of calculator not allowed in JEE-Main’
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CM convenes high-level meeting, orders strict anti-pollution action
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UP CM bans deployment of cops making social media ‘reels’ at sensitive sites
Uttar Pradesh Chief Minister Yogi Adityanath on Monday directed that the state's police personnel who make social media “reels” at sensitive locations should not be deployed there, stressing that discipline and decorum must be maintained during public service duties.
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Mfg activity strengthens in Oct on rise in new orders
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3 killed in avalanche in northeast Nepal; 4 missing
At least three people including a foreign climber were killed and four others went missing on Monday after an avalanche struck northeastern Nepal’s Yalung Ri peak.
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