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    Sensex Breaches 78,000 Level For 1st Time, Nifty At Record High As Private Bank...

    MARKETS Bazar Observer -
    Mumbai- Benchmark Sensex breached the historic 78,000 level for the first time while Nifty settled at a new record high on Tuesday on buying...
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    Brand J&K Successfully Promoted On Global Platform Under PM Modi’s Leadership: LG

    MARKETS Bazar Observer -
    Srinagar- Under the leadership of Prime Minister Narendra Modi, the Union Territory administration has been successful in promoting brand Jammu and Kashmir on the...
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    We Also Give Guarantee Like ‘Modi Ki Guarantee’ For Our Products: J-K Entrepreneurs Tell...

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    Srinagar- Entrepreneurs from Jammu and Kashmir told Prime Minister Narendra Modi that they also give guarantee like 'Modi ki guarantee' for their products, as...
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    Govt Issues Draft Guidelines To Curb Unsolicited Biz Messages, Calls; Seeks Public Comments

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    New Delhi- The Consumer Affairs Ministry on Thursday sought public comments until July 21 on draft guidelines to curb unsolicited and unwanted business communications...
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    Wholesale Inflation Rises For Third Straight Month In May At 2.61%, Food Items Costlier

    MARKETS Bazar Observer -
    New Delhi- The wholesale inflation rose for the third consecutive month in May at 2.61 per cent on account of rise in prices of...
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    Enhancing Sheep Sector: J&K Advances Strategic Partnership With New Zealand

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    Srinagar- In a major advancement in the agricultural sector, Jammu & Kashmir has broadened its existing Memorandum of Cooperation (MoC) with New Zealand into...
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    RBI Raises GDP Growth Projection To 7.2% For FY25

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    Mumbai, Jun 7 (PTI) The Reserve Bank of India on Friday revised upwards the GDP growth projection for the current fiscal to 7.2 per...
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    Sensex Soars By 1618 Pts, Nifty Jumps 468 Pts To Scale Life-Time Highs As...

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    Mumbai, Jun 7 (PTI) Benchmark equity indices Sensex and Nifty climbed over 2 per cent to settle at record high levels on Friday after...
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    Sensex, Nifty Log Biggest Single-Day Gain In 3 Yrs As Exit Polls Predict 3rd...

    MARKETS Bazar Observer -
    Mumbai- After the exit polls predicted the return of the Modi government for the third straight term, benchmark Sensex and Nifty zoomed more than...
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    New Delhi, Jan 3 (PTI) India's manufacturing sector growth fell to an 18-month low in December amid softer increase in factory orders and output, despite minimal inflation, a monthly survey said on Wednesday. The HSBC India Manufacturing PMI survey, conducted by S&P Global, showed that there were softer, albeit sharp, increase in factory orders and output, while business confidence towards the year-ahead outlook strengthened. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 56 in November to an 18-month low of 54.9 in December. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction. The HSBC India Manufacturing PMI is compiled by S&P Global from responses to questionnaires sent to purchasing managers in a panel of around 400 manufacturers. "India's manufacturing sector continued to expand in December, although at a softer pace, following an uptick in the previous month. Growth of both output and new orders softened, but on the other hand, the future output index rose since November," said Pranjul Bhandari, Chief India Economist at HSBC. Despite a loss of growth momentum, the sector still expanded strongly in December. New business gains, favourable market conditions, fairs and expositions collectively induced another sharp increase in manufacturing production during December, according to panellists. The December data showed a 21st consecutive increase in international order receipts at goods producers in India. "Companies noted gains from clients in Asia, Europe, the Middle East and North America. New export sales expanded at a moderate pace that was the joint-slowest in eight months," the survey noted. On the prices front, input costs rose at the second-slowest rate in nearly three-and-a-half years and charge inflation softened to a nine-month low. Among the items reported to have been up in price were chemicals, paper and textiles. Little-changed from November, however, the rate of inflation was negligible by historical standards and was the second-weakest in just under three-and-a-half years, as per the survey. "Rates of increase in input and output prices were broadly unchanged," Bhandari added. HSBC India PMI data showed a general lack of pressure on the capacity of manufacturers at the end of the third fiscal quarter. Subsequently, employment was largely stable in December. When assessing the year-ahead outlook for production, Indian manufacturers were at their most upbeat for three months. Anecdotal evidence highlighted advertising, better customer relations and new enquiries as the main factors boosting business confidence in December, the survey said.

    India’s Manufacturing Sector Growth Eases In May; Upturn In Exports Strongest In Over 13...

    MARKETS Bazar Observer -
    New Delhi- India's manufacturing sector saw a slower growth rate for the second straight month in May but stayed firmly in expansion mode with...
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