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MANUFACTURING SLOWDOWN AUGUST 2023
India manufacturing PMI falls to 5-year low in August as demand weakensIndian manufacturing faced its lowest growth rate in five years during August, characterized by a slowdown in output and new orders amid di...
US manufacturing growth cools in August as input prices stay highU.S. manufacturing activity cooled off in August after a period of strong expansion, with new orders experiencing a decline. Input prices r...
Suzuki Motorcycle India August sales rise 6% to over 1.2 lakh unitsSuzuki Motorcycle India reported a six percent sales increase in August. The company sold 1,20,611 two-wheelers compared to last year's fig...
Petrol, diesel sales soar on erratic monsoon rains, LPG demand shifts to piped gasIndia’s petrol and diesel sales surged in August as erratic monsoon rainfall increased demand from farmers and motorists. Petrol consumptio...
Global Market: Eurozone manufacturing growth hits four-year high in AugustEurozone manufacturing activity expanded at its fastest pace in more than four years in August, with the PMI rising to 52.7 as new orders a...
Tata Motors commercial vehicle sales up 49% in August at 44,411 unitsTata Motors reported a forty-nine percent growth in total commercial vehicle sales. Domestic commercial vehicle sales increased by thirty-t...
Global Market: AI hardware demand powers Asia’s manufacturing growth in AugustAI hardware demand helped sustain manufacturing growth across several Asian economies in August, with China, Japan and South Korea recordin...
India's factory growth at five-year low in August on weakening demand, PMI showsIndia’s manufacturing growth slowed to a five-year low in August as weak demand dragged new orders and output lower, while factory employme...
Gold steadies as traders await US jobs data, monitor Mideast tensionsGold prices held steady as traders navigated heightened tensions in the Middle East and awaited pivotal labor data from the US. This econom...
Cloud computing: Weatherman sees weak rains in September, warns of farm risksIndia is preparing for an anticipated shortage of rainfall this September, likely affecting agricultural productivity and water availabilit...
China factory output falls second straight monthThe manufacturing purchasing managers' index (PMI) stood at 49.8 in August, according to the National Bureau of Statistics, remaining below...
India’s August rains fall 16% below average, lowest in three yearsIndia's August rainfall registered sixteen percent below average, its lowest in three years. The El Nino weather pattern suppressed the mon...
US Stock Market: Jobs data, Broadcom results to test stock rally near record highsUS stocks are trading near record highs, but the rally faces key tests this week from August jobs data and Broadcom’s quarterly results. In...
School holiday tomorrow, August 31, 2026: Are schools closed due to rain? Check status in Delhi-NCR, Mumbai, Chennai, Bengaluru and other statesAs of now, there are no confirmed nationwide school holidays for August 31, 2026. Heavy monsoon rains are predicted to affect eastern India...
Air India B787 engine shutdown: GE expanded inspections after 2023 incident, DGCA tells CICGE Aerospace expanded engine inspection requirements after an Air India 787-8 incident. The Directorate General of Civil Aviation confirmed...
Narayani-Gandak swells as Nepal rains raise flood threat in UPHeavy rainfall in Nepal has caused the Narayani-Gandak river levels to rise significantly. This surge in water discharge from the Valmikina...
From firing range to factory floor: Inside India’s journey to build a fully indigenous AK-203India has achieved full indigenisation of AK-203 rifle production. The Korwa facility now manufactures all components within the country. T...
Delhi's August: Above-normal rain, warm nights, and three-year high AQIDelhi received significantly more rainfall than usual this August. Day and night temperatures remained notably high throughout the month. T...
US consumer sentiment drops in August on inflation worriesIn August, U.S. consumer sentiment took a hit, largely due to ongoing inflation concerns and the escalating conflict in the Middle East. Th...
Tempsens Instruments shares make blockbuster debut, list at 111% premiumThe Rs 650-crore public issue was priced at Rs 300 per share and comprised a fresh issue of Rs 95 crore and an offer for sale (OFS) worth R...