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The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose to 54.7 in April from 54.0 in March. A reading above 50 indicates an expansion of activity, while a pressure below 50 is a sign of contraction. According to IHS Markit, the author of the PMI, Indian manufacturing activity saw a strong rise in new …
Heatwaves sweep across India and March 2022 is the hottest March since 1901. High temperatures continued into April, adding to concerns from utilities trying to respond to the rising demand for electricity. India saw a peak demand of 200 gigawatts (GW) in March and April, up 8% from a year earlier. On April 12, peak …
India’s eight key sectors rose 4.3% in March from 6% in February, the Commerce Ministry said on April 29. According to the latest data, only three of the top eight sectors saw faster output growth rates in March, compared to six in February. These three sectors were fertilizers, cement and electricity. While fertilizer output increased …
Finance Minister Nirmala Sitharaman assured investors on Tuesday that the government will tackle all possible problems to encourage investment in the country. Speaking at a roundtable on Investing in India’s digital revolution in San Francisco, the minister encouraged continued dialogue with investors to understand and address their concerns. The Treasury Secretary said she is open …
On April 29 ReseOn April 29 Reserve Bank of India (RBI) report said price stability is a necessary condition for strong and sustainable growth, along with a seven-point reform plan. The focus on price stability is important given that shortly thereafter the Monetary Policy Committee (MPC) highlighted the threats of high inflation in the economy …
India has been independent for about 75 years, but are Indians still financially independent? Well, different people interpret financial freedom differently. For some, that may mean the freedom to buy what they want, when they want. For others, it may mean not having to worry about paying sudden bills and expenses. Some may see it …
If you want to start investing in the stock market, a good understanding of stocks and shares is essential. Regular investments, in addition to avoiding financial risks, can help you save a significant amount of money over a longer period of time. Here are some tips that can help beginners save money for the future. …
The main goal of a successful retirement plan is to ensure that you have adequate financial resources to maintain or enhance your lifestyle during your retirement years. If you’re retired and want to travel and shop more, you’ll need to save more. The amount you need to save depends on how you plan to spend …
