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PANDEMIC INTENSIFICATION
RBI's state of economy report flags upside risks to inflation due to supply shock and weather uncertaintiesThe Reserve Bank of India's report highlights that disruptions in the Strait of Hormuz and domestic weather issues are increasing inflation...- Credit-deposit ratio of banks rises to 82 percent: ReportIndia's Credit-Deposit ratio has risen significantly, indicating robust financial development and economic growth. Banks have demonstrated ...
- GDP growth will moderate to 6.5% in FY25 on global headwinds: Axis BankIndia's real GDP growth will moderate to 6.5 per cent in FY25, mainly due to global headwinds, Axis Bank's chief economist Neelkanth Mishra...
- India to see downside risks to growth, upside risks to inflation: Finance MinistryIndia's economy is likely to see downside risks to growth and upside risks to inflation, partly due to challenges in the country's external...
- Greater efforts needed to get routine immunization back to pre-COVID-19 times: WHO"Commendably the Region has administered 3 billion doses of COVID-19 vaccines to date, since January 2021 when the first dose of vaccine wa...
- India's manufacturing PMI quickens in April amid high inflationInternational demand also jumped robustly to a 9-month high after contracting in March and domestic demand was above average. The Manufactu...
- Quess Corp CEO Guruprasad Srinivasan on new hiring trends in India“Monster index shows almost 7% upsurge in terms of hiring year on year, based on our database. There is a positive impact post Union Budget...
- Infosys’ Vishal Salvi and Microsoft’s Pete Boden on shaping a cyber security cultureVishal Salvi, Senior Vice President, Chief Information Security Officer & Head of the Cyber Security Practice, Infosys and Pete Boden, Gene...
- Q3 Earnings Review: Profits on a roll, higher costs cut marginsFor a common sample of 2,509 companies, December was the fourth consecutive quarter of double-digit topline growth. Revenue grew by 23.8% o...
- India's services PMI slumps to 51.5 in January, slowest expansion in six months"The escalation of the pandemic and reintroduction of curfews had a detrimental impact on growth across the service sector," noted Pollyann...
- June manufacturing activity contracts after 11 months, PMI below 50The IHS Markit India manufacturing purchasing managers’ index (PMI) dropped to 48.1 in June from 50.8 in May. A reading above 50 indicates ...
- India's factory activity shrinks for first time in 11 months amid COVID-19 crisisThe Nikkei Manufacturing PMI declined to an 11-month low of 48.1 in June from May's 50.8, moving below the 50-level separating growth from ...
- Services activity contracts in May after 8 monthsThe IHS Markit India Services PMI is compiled from responses to questionnaires sent to a panel of around 400 service sector companies. The ...
- May factory activity at 10-month low, shows surveyThe IHS Markit purchasing managers’ index (PMI) for manufacturing fell to 50.8 in May from 55.5 in April. A reading above 50 indicates expa...
- India's manufacturing sector activity slips in May, heads towards stagnation: PMIThe Nikkei Manufacturing Purchasing Managers' Index , compiled by IHS Markit, fell to 50.8 in May from 55.5 in April, its lowest since July...
- Experts suggest fiscal measures to boost demand amid pandemicThis targeting spending is also required for contact-based services that have borne the brunt of the pandemic since last year, economists s...
- Vladimir Putin warns West of harsh response if it crosses Russia's "red lines""But if someone mistakes our good intentions for indifference or weakness and intends to burn down or even blow up these bridges, they shou...
- India's manufacturing activity hits 7-month low amid pandemic: SurveyThe seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in February to a seven-month low of ...
- March manufacturing activity hits 7-month low, PMI at 55.4The Nikkei Manufacturing Purchasing Managers' Index , compiled by IHS Markit, declined to a seven-month low of 55.4 last month from Februar...
- RBI Governor expects a V-shaped recovery for India in 2021-22The RBI Governor expects a sharp V-shaped recovery for India as projected by the IMF in 2021-22.
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