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Services PMI up in August, offsets decline in manufacturing growth

Services PMI up in August, offsets decline in manufacturing

However, recruitments remain stagnant; Inflation in services rise moderately,leaving room for RBI to cut rates

Related: After weak GDP data, manufacturing PMI dips in August

At 7%, Q1 GDP growth below Street estimates

OPINION 

COLUMNISTS

Will Beijing's woes be India's gain?

Rahul Jacob

Headlines suggest China's economy is worse than it really is, but then these are emblematic of the baffling self-congratulatory mood that exists in India today

Will oil cause the next recession?

A Gary Shilling

Plummeting prices could trigger deflation, resulting in lower prices of goods and hence little economic growth, and a Fed rate hike would only worsen matters

EDITORIAL COMMENT

Transmission travails

Time to free interest rates for small savings, provident funds

Start leasing land

Tenancy regulations are outdated and counter-productive

MARKETS

Widgets Magazine

PEOPLE

POLL

Have successive Indian governments shied away from taking stringent action against striking unions?

  • Yes
  • No
  • Can't Say

PERSONAL FINANCE

Provide annuity date while buying pension

Provide annuity date while buying pension

According to Irdai's latest guidelines, insurers should get this in advance to avoid delays

Widgets Magazine

Technology

Image via shutterstock.com

Amazon launches Kindle Unlimited in India

Kindle Unlimited is a subscription service that allows users to pick from over a million books at a monthly fee of Rs 199, reports Tech in Asia

Widgets Magazine