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A slew of important economic data was released this week. Let us take a look at the economic indicators. Gross Domestic Product (GDP) India’s economic growth slowed down to 6.3% in the July-September quarter of FY23, as manufacturing output contracted. ...
India’s business conditions improved in March, even though factory orders and production grew at a slower pace. S&P Global’s data showed renewed decline in new export orders.The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) fell to 54 in March ...
India’s manufacturing and services sector expanded in August, though the pace of manufacturing growth slowed down.IHS Markit recently released services PMI and manufacturing PMI data. India’s services business activity stood at 56.7 in August compared with 45.4 in July. The ...