India’s manufacturing activities during December see substantial, albeit slower, rise in sales, output

India’s manufacturing activities during December see substantial, albeit slower, rise in sales, output

India’s manufacturing sector activities moderated in December but output remained in the growth territory, amid slower rise in sales and new orders, even as business sentiment was dampened by concerns surrounding supply-chain disruptions, COVID-19 and inflationary pressures, a monthly survey said on Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) eased … Read more

India’s economy showing signs of improvement, braving the impact of the COVID-19: Assocham

India’s economy showing signs of improvement, braving the impact of the COVID-19: Assocham

New Delhi: India’s economy has shown a remarkable resilience in the last few months, braving the impact of the coronavirus pandemic with lead indicators such as manufacturing PMI and exports returning to growth trajectory, Assocham said on Thursday. The chamber’s Assessment on State of Economy (AASE) report pointed towards a further pick up in the … Read more