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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

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A worker uses a welding torch to weld an iron machine. Photo: Reuters.

BS Web Team New Delhi
Manufacturing PMI improves to 51.2 in Nov, but demand remains subdued
The IHS Markit India Manufacturing PMI rose to 51.2 in November from 50.6 in October, when it had fallen to a two-year low, indicating only a slight improvement in the health of the sector. Read More

NSE and BSE suspend Karvy Stock Broking's license over non-compliance
In what could mean curtains for the Hyderabad-based financial services major Karvy group's broking business, stock exchanges on Monday suspended their license for non-compliance. Read More

Crisil slashes India's FY20 growth to 5.1% over slump across sectors
Rating agency Crisil on Monday sharply cut its