Monday, April 21, 2025
Facebook Instagram Twitter Youtube
Home MARKETS Page 31

MARKETS

    Latest
    Wholesale Inflation Eases To 2.05% In March On Cheaper Food Items

    Wholesale Inflation At (-) 0.52% In Oct; In Negative Territory For 7th Month

    MARKETS Bazar Observer -
    New Delhi- Wholesale price inflation remained in the negative territory for the seventh month in a row in October at (-) 0.52 per cent...
    Read more

    Moody’s Retains India’s 2023 Growth Forecast At 6.7% On Strong Domestic Demand

    MARKETS Bazar Observer -
    New Delhi- Moody's Investors Service on Thursday retained India's economic growth forecast for 2023 at 6.7 per cent and said strong domestic demand will...
    Read more

    Growth Getting Stronger Foothold, Inflation Coming Under Control: RBI Guv Das

    MARKETS Bazar Observer -
    Mumbai- Reserve Bank Governor Shaktikanta Das on Thursday said economic growth in India is getting stronger foothold while inflation is also coming under control...
    Read more
    India's Gem, Jewellery Exports Decline 11.49% To Rs 22,873 Crore In October

    Jewellers Cautiously Optimistic About Gold Demand This Dhanteras; Expect 10pc Rise In Sale

    MARKETS Bazar Observer -
    New Delhi- Jewellers are cautiously optimistic about gold demand on the Dhanteras day on Friday and expect a 10 per cent increase in gold...
    Read more

    Apple Hits Setback In Dispute With European Union Over Tax Case

    MARKETS Bazar Observer -
    London- Apple might end up on the hook after all for billions of Euros in back taxes to Ireland in the latest twist in...
    Read more

    Finance Ministry Focuses On Bringing All Business Establishments Under GST Net

    MARKETS Bazar Observer -
    Vapi (Guj)- Finance minister Nirmala Sitharaman on Tuesday said that the finance ministry's focus is not only on increasing GST revenue but also on...
    Read more

    Services Sector Activity In India Hits 7-Month Low In Oct On Softer Increase In...

    MARKETS Bazar Observer -
    New Delhi- The services sector growth in India fell to a seven-month low in October on softer increase in output and new business, amid...
    Read more

    GST Collections Rise 13% To Rs 1.72 Lakh Cr In Oct; Second Highest-Ever

    MARKETS Bazar Observer -
    New Delhi- GST collections increased 13 per cent to Rs 1.72 lakh crore in October, the second highest-ever, helped by momentum in the economy,...
    Read more

    More Than 97% Of Rs 2,000 Notes Returned: RBI

    MARKETS Bazar Observer -
    Mumbai- The Reserve Bank on Wednesdays said more than 97 per cent of the Rs 2,000 banknotes in circulation have been returned to the...
    Read more
    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 Activity Falls To 8-Month Low In Oct On Softer Rise In...

    MARKETS Bazar Observer -
    New Delhi- Manufacturing activities in India decelerated in October as new orders increased at the slowest pace in a year, triggering a softer rise...
    Read more
    1...303132...101Page 31 of 101
    © Bazar Observer | Designed by GITS