purchasing managers index

Morning Digest | Judicial commission to probe Manipur ‘ethnic violence’, says Amit Shah; India beats Pakistan to win its fourth junior men’s Asia Cup hockey title, and more 

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Morning Digest | Judicial commission to probe Manipur ‘ethnic violence’, says Amit Shah; India beats Pakistan to win its fourth junior men’s Asia Cup hockey title, and more 

Sedition law can be retained but with safeguards: Law Commission The Section 124A of the Indian Penal Code dealing with sedition needs to be retained but certain amendments could be made for greater clarity regarding its usage, the 22nd Law Commission has said in its report to the government. The commission said sedition being a … Read more

Economic impact of a third wave, if any, will be very limited: KV Subramanian

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Chief Economic Adviser, KV Subramanian, argues why economic fallout of a third wave, if it strikes, will be marginal, also adding that if there had been no second wave, the Q1 growth rate would have been close to 30%. Here are the excerpts of a free-wheeling interview with Shantanu Nandan Sharma: Q1 GDP number has … Read more

Chinese manufacturing expands in October but at slower pace

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BEIJING: China’s manufacturing activity expanded in October for the eighth straight month, though at a slightly slower rate than in September, the National Bureau of Statistics said Saturday. The Purchasing Managers Index stood at 51.4, down from 51.5 the previous month, the agency announced. A reading above 50 in the monthly survey of companies indicates … Read more

Faltering Service Sector Weighs on Global Recovery as Infections Rise

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The coronavirus’s resurgence is weighing on service providers in Europe and Asia, even as factories continue to report a strengthening recovery from spring’s sharp declines in output. Surveys of purchasing managers in France, Germany and Japan pointed to a decline in activity at businesses that provide services during September, an indication that the global economy … Read more

U.S. and Global Factory Output Picks Up, but Jobs Picture is Mixed

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U.S. factory output continued to grow in August, according to a pair of surveys released Tuesday, but the picture for employment was mixed, a possible sign of lingering uncertainty about the coronavirus pandemic among American manufacturers. Sluggish employment, if sustained, could pose a threat to the recovery just as the economy is starting to pick … Read more