Manufacturing Activity

Freight and fridge sales: Economists seek GDP clues amid data doubts

Some economists are perplexed by figures showing growth in consumer spending hitting a four-year high, even as sales of beverages, home appliances and vehicles fell.

Capital goods policy approved, govt aims to create 21 mn new jobs by 2025

The objectives of the National Capital Goods Policy are to create an ecosystem for a globally competitive capital goods sector to achieve total production in excess of Rs 7.5 lakh crore by 2025 from the current Rs 2.3 lakh crore

Double whammy: November IIP decelerates 3.19%, retail inflation in December rises to 5.61%

Cumulative growth of the country's factory output was also pulled down to 3.9% in the first eight months of the current fiscal year from 4.8% for the first seven months

Manufacturing activity hits 28-month low in December on softening demand

Nikkei's Manufacturing Purchasing Managers' Index, compiled by Markit, fell to a 28-month low of 49.1 in December from November's 50.3

PMI: India's services growth eases to 51.3 in September on slowing demand

Service providers expect more setbacks going ahead

US unemployment rate hits 5-year low, down to 7% in Nov

Painting a brighter picture of the American economy, which is on a revival mode, the unemployment rate in the US has hit a five-year low, latest official figures revealed today.

US stocks jump 2% after factory, construction data

Wall Street stocks kicked off 2012 with a sharp rally on Tuesday after data showed US manufacturing activity and construction spending picked up.

Is 6 percent the 'new normal' for India's GDP growth?

Unless the government announces a Budget studded with reforms to boost business sentiment and revive capacity creation, we might have to get used to growth of below 7 percent.

India beats China, factory activity jumps to 54.2 in Dec; highest since June

Manufacturing in India is expanding, just as factory activity in developed economies across the world is contracting. Data released in China on Friday, shows the sector likely shrank in December, after remaining mostly below 50 since July.

US labour market struggling; jobless claims above 400,000

New claims for unemployment benefits rose unexpectedly last week, popping above 400,000 for the first time in just over a month.