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    Exports Rise 6.21% To USD 33.57 Bn In Oct; Trade Deficit Widens To USD...

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    New Delhi- India's merchandise exports rose 6.21 per cent to USD 33.57 billion in October this year, even as the trade deficit touched a...
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    Domestic Air Passenger Traffic Rises 67 Per Cent To Around 88 Lakh In October: ICRA

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    MUMBAI: Domestic air passenger traffic grew by a whopping 67 per cent year-on-year at around 87-88 lakh in October, on the back of festive...
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    86th AGM Of Shareholders: J&K Bank Announces 215% Dividend

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    Goodwill And Trust Are The Forte Of J&K Bank: Principal Secy FinanceSrinagar-J&K Bank today announced 215 percent dividend for shareholders during 86th Annual General...
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    India’s Industrial production grows 13.6 pc in June: Official Data

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    New Delhi: India's industrial production rose by 13.6 per cent in June, official data released on Thursday showed.According to the Index of Industrial Production...
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    JK Bank Launches ‘RBI Kehta Hai: Jaankar Baniye, Satark Rahiye’ Campaign

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    SRINAGAR-  MD & CEO J&K Bank,  Baldev Prakash Tuesday e-launched the Reserve Bank of India’s Nationwide Awareness Campaign (2022) – RBI Kehta Hai:Jaankaar Baniye,...
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    ‘India’s Millionaire Population Rise 6% In 2024;  Number Of Billionaire Reaches 191’

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    New Delhi- Number of Indian high-net-worth individuals (HNWIs), those having assets more than USD 10 million, rose 6 per cent last year to 85,698,...
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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 Mfg Activities Expand In Feb As Output, New Orders Rise Amid Favourable Demand:...

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    New Delhi- India's manufacturing sector activities expanded in February as output and new orders grew at accelerated rates, supported by favourable demand conditions, a...
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    Yours Network Moves to Litecoin, Plans Full Launch on May 30

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    Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...
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    GI Tag Will Benefit Community, Boost Economic Growth: LG

    J&K Textile Sector Witnessing Resurgence: LG Sinha

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    Jammu- Lieutenant Governor Manoj Sinha Thursday delivered the keynote address at the “Jammu & Kashmir Textile Sourcing Fair-2024,” through virtual mode.The Lieutenant Governor spoke...
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    GST Collection At Rs 1.52 Lakh Crore In October, Second Highest Ever

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    New Delhi- GST revenues registered the second highest collection ever at Rs 1.52 lakh crore in October, reflecting pick up in economic activity in...
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