The official manufacturing purchasing managers' index (PMI) rose to 50.2 in June from 49.6 in May, the National Bureau of Statistics (NBS) said.
While activity has sped up since various Covid lockdowns imposed since March have been rolled back, headwinds persist, including a still subdued property market, soft consumer spending and fear of any recurring waves of infections.
Esta historia es de la edición July 01, 2022 de Business Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July 01, 2022 de Business Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
Using private car as cab can lead to claim rejection
Insurance companies are trying to simplify the motor insurance claims process.
India, Vietnam to gain from 'China+1': Nomura
Bets big on RIL, BEL and Exide stocks
Retail investors make bold bets in derivatives markets
Delhi, 28 May Retail investors seem to be making bold bets in derivatives markets a few days ahead of the Lok Sabha poll outcome.
Q4 showing, valuations to keep Bosch under stress
Auto component major Bosch posted a subdued performance in the March quarter leading to the selloff.
India Vix hits two-year high
Indian equity benchmarks ended with losses for the third consecutive day amid elevated volatility ahead of the Lok Sabha election results on June 4.
A quantum leap: MFs dive into quant theme
3 fund houses lead the charge with offerings in this space
Metal firms yet to deliver on hope
Though buoyant on bourses, their earnings, sales have lagged overall listed universe in past 2 yrs
High vegetable prices raise the 'heat' in election season
Food inflation has emerged as one of the main talking points of the ongoing Lok Sabha polls.
Indian firms step up for planet's health
3D PRINTING TO WATER STEWARDSHIP Climate-friendly measures include apps that help employees track and reduce their carbon footprint
Inside Delhi's ghost malls
A shadow of their former selves, these shopping centres are struggling to stay relevant