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03May 2024

APRIL PMI SIGNALS SECOND-BEST GAIN IN MANUFACTURING SECTOR IN 42 MONTHS

Why in the news? India’s manufacturing sector records strong performance in April, with robust domestic demand driving growth, according to HSBC’s PMI survey. source:researchgate About Manufacturing Activity : HSBC India Manufacturing PMI indicates slight easing in April but remains at 58.8, marking the second-best improvement in 42 months. New orders surge at the second-fastest pace …

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13Apr 2024

FEB SAW 5.7% INDUSTRIAL OUTPUT GROWTH BUT 3-MONTH LOW IN PRODUCTION.

Why in the news? Industrial output surged 5.7% in February, led by growth in mining and electricity, with uneven consumption patterns. source:scribd About Recovery in Output: India’s industrial output growth reached a four-month high of 5.7% in February, up from January’s 4.1%, driven by an 8% increase in mining and a 7.5% surge in electricity …

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