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BUSINESS CONFIDENCE INDIA JULY 2023
Akasa Air backs plan to let airport operators own airlines: CEO Vinay DubeAkasa Air's CEO supports airport operators owning airlines, emphasizing India's need for more aviation competition. He is confident the gov...- Euro zone services revival drives activity in July but outlook clouded by Iran war, PMI showsEuro zone business activity reached an eight-month high in July. Services activity rebounded, joining a strengthening manufacturing sector....
- Global Market: China's services growth slows to 10-month low in July; weak demand weighs on outlookChina's services sector expanded at its weakest pace in 10 months in July as softer domestic demand slowed business activity, reinforcing c...
- India's July services sector growth slides to over four-year low as demand wilts: PMIIndia's services sector growth slowed significantly in July, reaching its weakest pace in over four years. New business expansion was moder...
- UAE non-oil growth hits four-month high in July, PMI showsThe UAE's non-oil private sector expanded at its fastest pace in four months in July, driven by stronger new orders, a rebound in export bu...
- Promoter ownership climbs to two-year high despite persistent FII sellingIndian promoters significantly boosted their company ownership, reaching a two-year peak. Foreign institutional investors reduced their sta...
- Manufacturing activity hits 5-year low as growth of new orders slowsThe HSBC Purchasing Managers' Index, compiled by S&P Global, fell to 53.5 in July from 54.2 in June and 59.1 a year earlier. A reading abov...
- Factories faced weaker demand, higher costs in July as Iran war grinds onIn July, China's manufacturing activity experienced a decline attributed to dwindling demand alongside escalating costs. Meanwhile, the Eur...
- India's July factory growth near five-year low on weaker demand, PMI showsIndia's manufacturing growth slowed to a near five-year low in July as weak demand weighed on new orders, while hiring growth softened for ...
- Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gasPetrol and diesel sales saw a significant increase in July. Below-normal monsoon rains boosted demand from farmers and motorists. Diesel sa...
- Charting the Global Economy: Central banks hold the lineGlobal central banks maintained interest rates this week due to rising energy costs. The Federal Reserve and Bank of England saw some offic...
- Toyota Kirloskar Motor domestic sales up 5% at 30,516 unitsToyota Kirloskar Motor reported a five percent rise in domestic sales. The company sold 30,516 units in July 2026, up from last year. Total...
- Nissan Motor India wholesales jump 66.5% to 9,339 units in July, domestic sales more than tripleNissan India reported a substantial 66.5 percent rise in total wholesales last month. Domestic wholesales saw a significant jump to 4,518 u...
- Govt extends IFSC Authority Chairman K Rajaraman's tenure till Oct 2028K Rajaraman's term as IFSCA Chairman has been extended by 27 months. He will continue in this role until July 31, 2026, or his 65th birthda...
- Technology sector funds dominate July returns; 9 mutual funds deliver over 10% gains. Should investors ride the rally?Technology sector mutual funds achieved substantial gains during July. HDFC Technology Fund led with a remarkable 16.91% return for investo...
- E20: No pressure on auto companies to hide fact, says govt"India's automobile manufacturers are independent listed companies with legal and regulatory obligations to their customers," the oil minis...
- 'Rs 100 or Rs 200, start selling': NEET aspirant shares two dozen success mantra after building Rs 5 crore net worthZaid Khan built a ₹5 crore net worth by age 25 through his branding business. He shared his career journey and business growth insights on ...
- Lohia Corp shares list at 8% premium over IPO price on NSELohia Corp debuted on the bourses with premiums of up to 8.47% over its IPO price, outperforming grey market expectations. The Rs 1,101 cro...
- Mamata Banerjee opposes further extension in EC probe involving TMCMamata Banerjee urged the Election Commission to conclude an ongoing inquiry. She requested the poll panel to finalize proceedings concerni...
- India's private sector growth slumped to over four-year low in July, PMI showsIndia’s private sector growth slowed sharply inJuly, reaching its weakest level in more than four years, mainly due to a significant slowdo...
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