Page 8 - Latest Updates on Manufacturing PMI
Near zero GDP today, among fastest growing next year: FM on Indian economy
GDP to be flat in FY21, FDI inflow up 13 per cent between April to August 2020, compared to 2019
 "Near zero GDP today, among fastest growing next year: FM on Indian economy")
India witnessing V-shaped recovery, govt steps to spur economic growth: FM
Sitharaman mentioned that recovery and rehabilitation efforts in these countries must not be allowed to be undermined in any manner, a Finance Ministry statement said
 "India witnessing V-shaped recovery, govt steps to spur economic growth: FM")
Service activity moves towards recovery in September; PMI at 49.8
At 49.8 in Sept from 41.8 in August, but contracts for 7th month in row
 "Service activity moves towards recovery in September; PMI at 49.8")
Services activity improves in September, PMI at 49.8 vs 41.8 in August
The latest reading was indicative of broadly stable output across the sector
 "Services activity improves in September, PMI at 49.8 vs 41.8 in August")
From tax collection to car sales, India's economic recovery picks up pace
GST mop-up at 7-month high, manufacturing PMI at 8-year high, but new projects down 81% in Q2
 "From tax collection to car sales, India's economic recovery picks up pace")
Manufacturing activity expands at fastest pace in 8 years in September: PMI
The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, jumped to 56.8 in September from 52.0 in August
 "Manufacturing activity expands at fastest pace in 8 years in September: PMI")
Top headlines: Manufacturing PMI down to 46, Tamil Nadu against NEP & more
Here are the top headlines of the day
 "Top headlines: Manufacturing PMI down to 46, Tamil Nadu against NEP & more")
June manufacturing activity shrinks for third month in a row; PMI at 47.2
Job losses continue as domestic demand struggles and export orders remain absent
 "June manufacturing activity shrinks for third month in a row; PMI at 47.2")
Fiscal prudence still matters
Govt will need to spend more, but should credibly commit through institutional reform to future transparency and prudence
 "Fiscal prudence still matters")
About time the govt stopped discussing a stimulus package and announced it
There is no sight of reform measures as well
 "About time the govt stopped discussing a stimulus package and announced it")
Covid-19: Biz sentiment sinks to record low; mfg activity down in March
"The most prominent signs of trouble came from the new export orders and future activity indices, which respectively indicated tumbling global demand and softening domestic confidence," Kerr noted.
 "Covid-19: Biz sentiment sinks to record low; mfg activity down in March")
Coronavirus impact: Feb manufacturing PMI slips marginally to 54.5
Coronavirus scare keeps companies spooked and business optimism low
Manufacturing PMI hits 8-year high of 55.3 in Jan on demand revival
The growth was driven by a sharp rise in new business orders amid a rebound in demand conditions.
 "Manufacturing PMI hits 8-year high of 55.3 in Jan on demand revival")
Top Headlines: Manufacturing PMI at 8-yr high; India's 3rd coronavirus case
The government on Monday said the Non Performing Assets (NPAs) of Public Sector Banks (PSBs) stood at Rs 7.27 trillion as on September 30, 2019
 "Top Headlines: Manufacturing PMI at 8-yr high; India's 3rd coronavirus case")
Manufacturing PMI signals revival, hits 8-year high of 55.3 in January
The IHS Markit India Manufacturing PMI rose from 52.7 in December to 55.3 in January, its highest level in just under eight years
 "Manufacturing PMI signals revival, hits 8-year high of 55.3 in January")
Green shoots: Manufacturing PMI expands to 8-year high of 55.3 in January
In response to the jump in sales, factories hired new workers at the fastest rate in more than seven years
 "Green shoots: Manufacturing PMI expands to 8-year high of 55.3 in January")
Manufacturing activity improves in Nov, but firms cut operating costs, jobs
However, the upturn remaining subdued compared to earlier, growth rates for new orders and production remained modest
 "Manufacturing activity improves in Nov, but firms cut operating costs, jobs")
Top headlines: PMI improves in Nov, Crisil slashes India's growth and more
Although business conditions in the Indian manufacturing sector improved in November, the rise, however, remained subdued
Manufacturing PMI improves to 51.2 in Nov, but demand remains subdued
Although business conditions in the Indian manufacturing sector improved in November, the rise, however, remained subdued compared to earlier this year and the survey history, the study said.
Manufacturing PMI drops to 2-year low in October on weak demand
The PMI report said the cooling of manufacturing sector conditions continued in October, with both factory orders and production rising at the weakest rates.
 "Manufacturing PMI drops to 2-year low in October on weak demand")