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04Jun 2024

“INDIA’S MANUFACTURING GROWTH EASES IN MAY, GLOBAL SALES SURGE”

Why in the news? India’s manufacturing sector growth eased in May for the second consecutive month but remained in expansion mode, with the HSBC India Manufacturing PMI falling from 58.8 in April to 57.5, signaling a slower but substantial improvement. Global sales surged to the strongest level in over 13 years, indicating robust demand, despite …

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11May 2024

MARCH WITNESSES INDIA’S INDUSTRIAL OUTPUT GROWTH SLOW TO 4.9%

Why in the news? Industrial output growth in India slows to 4.9% in March, attributed to a decline in mining and surge in electricity. source:wordpress About Industrial Output Growth Slows to 4.9% in March: India’s industrial output growth decelerated to 4.9% in March, down from 5.6% in February, as reported by the National Statistical Office. …

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