The latest reading pointed to the strongest improvement in the health of the sector since September 2023. The sector approaches the end of the current fiscal year with a further pick-up in growth in February, according to the HSBC India PMI® Index fuelled by the quickest increase in sales since last September and the strongest expansion in new export orders for 21 months.
An associated improvement in demand for raw materials, meanwhile, supported the rebuilding of input inventories, while supplier delivery times were broadly stable. Says Ines Lam, Economist at HSBC, “The HSBC final India Manufacturing PMI indicates that production growth continued to be strong, supported by both domestic and external demand. Buoyed by robust demand and improving profit margins, manufacturers have an optimistic outlook about future business conditions.”
Diese Geschichte stammt aus der March 03, 2024-Ausgabe von The Sunday Guardian.
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Diese Geschichte stammt aus der March 03, 2024-Ausgabe von The Sunday Guardian.
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RAIL PSUs UNDER SCRUTINY FOR GIVING UNAUTHORIZED FINANCIAL INCENTIVES
Railtel sources said that despite the body having its own cadre that is enough to handle the operations, successive CMDs are bringing officials close to them on deputation to the PSU.
Is China swindling Nepal over repayment of Pokhara airport loan?
It has been claimed that China's loan to Nepal is being serviced at 5% and not 2%, as publicly claimed by China.
Has American democracy become a farce?
The numerous think-tanks that routinely place India at near bottom in democracy and media freedom rankings haven’t uttered a word about how this trial of Donald Trump is a direct and frontal assault on democracy.
CAN INDIA FOSTER PEACE BETWEEN RUSSIA AND UKRAINE?
Will India join the upcoming Switzerland peace summit aimed at ending the ongoing Russia-Ukraine crisis and bringing peace in the region? Switzerland is all set to host the summit on 15-16 June.
Will political parties agree on one nation, one election?
Will political parties that are continuously complaining about the system during the elections, be ready to pass a unanimous proposal in Parliament for election reforms?
FIVE REGIONAL PARTIES STRUGGLE FOR SURVIVAL
The leaders of these parties do not have clarity about their political future and therefore are jumping over to other parties.
Did playing the caste card help the Opposition?
Rahul forgot that Indira and Rajiv Gandhialways maintained a distance from caste politics. He got it into his head that caste was the way forward.
EXIT POLLS SUGGEST A TIGHT RACE IN MAHARASHTRA
There could be a tight race in Maharashtra with NDA and I.N.D.I.A bloc running neck and neck.
HOW EXIT POLLS FARED IN 2014 AND 2019
Exit polls predicted the NDA forming government easily. Yet no exit poll could predict the rout of UPA in both the Lok Sabha elections.
HIMACHAL PRADESH WITNESSES HIGH VOTER TURNOUT IN FINAL PHASE OF ELECTION
High voter turnout marks the final phase of Himachal Pradesh's Lok Sabha and Assembly bypolls: prominent leaders cast ballots early