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India's manufacturing sector activity hits near 8-year high in January on sharp demand recovery
•The country's manufacturing sector activity climbed to a near eight-year high in January, driven by sharp rise in new business orders amid a rebound in demand conditions that led to rise in production and hiring activity, a monthly survey said on Monday
India September manufacturing PMI unchanged from August; business confidence sinks to lowest levels in 2.5 years
•The country's manufacturing sector activity in September remained unchanged amid subdued demand conditions both domestically as well as externally, a monthly survey said on Tuesday
Manufacturing sector growth moderates in June amid softer rise in orders; increase in exports shows signs of weakness: PMI
•This is the 23rd consecutive month that the manufacturing PMI has remained above the 50-point mark.
India to become fifth largest economy globally this year; second in APAC region by 2025: IHS Markit
•As India continues to ascend in the rankings of the world's largest economies, its contribution to global GDP growth momentum will also increase
Factory activity grows at fastest pace in three months in May on improved output and new orders: PMI
•The new business orders sub-index, which tracks overall demand, rose as foreign demand increased at the fastest pace in three months. Output also grew at the strongest rate since February
RBI likely to cut interest rate again in June; elevated fiscal deficit to leave little room for further cuts: IHS Markit
•RBI had cut interest rate by 25 basis points each in February and April to boost economic growth
India's services sector activity gathers pace in February on uptick in new business orders, job creation
•The seasonally adjusted Nikkei India Services Business Activity Index rose from 52.2 in January to 52.5 in February, indicating an upturn in output
Nikkei India Manufacturing PMI rises to 14-month high in February, new orders and output growth boost employment
•The Nikkei Manufacturing Purchasing Managers’ Index, compiled by IHS Markit, increased to a 14-month high of 54.3 in February from January’s 53.9
India's services sector activity slows in Dec as work orders, business dealings moderate; employment rises
•Despite easing marginally, the services PMI was in the expansion territory for the seventh straight month. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.
Indian manufacturing growth slows in December despite price cuts; hiring declines too, says survey
•The Nikkei Manufacturing Purchasing Managers’ Index, compiled by IHS Markit, declined to 53.2 in December, below November’s 54.0 reading and a Reuters poll median of 53.6.