India’s manufacturing sector activity inches up in November

The country’s manufacturing sector activity inched up in November but the upturn remained subdued as growth rates for new orders as well as production were modest, a monthly survey said today. The IHS Markit India Manufacturing PMI rose to 51.2 in November from 50.6 in October, when it had fallen to a two-year low, indicating only a slight improvement in the health of the sector. Continue Reading

India’s services sector activity contracts in Septemeber

The country’s services sector activity contracted in September and fell to its lowest level since February 2018, amid weak demand, competitive pressures and challenging market conditions, a monthly survey showed today. Continue Reading