FDI inflow to increase in domestic manufacturing sector: Ministry of Finance

May 25, 2024

According to the monthly economic review by the Ministry of Finance, recent reports indicate that a growing number of organizations in the US and...

115 firms apply for Production Linked Incentive scheme for auto sector

Jan 10, 2022

New Delhi [India], January 10 : A total 115 firms have applied for Production Linked Incentive (PLI) scheme for auto sector under which the...

India's manufacturing sector demonstrates resilience, July manufacturing PMI at 58.1%

Aug 01, 2024

India's manufacturing sector demonstrated impressive resilience in July 2024, as indicated by the HSBC India Manufacturing PMI report, which recorded a strong reading of...

DAC capital acquisition of Rs 1.4 trn to boost defence PSUs: Report

Sep 04, 2024

The decision of the Defence Acquisition Council (DAC) to accept 10 capital acquisition proposals worth Rs 1.4 trn will not only boost domestic defence...

Manufacturing sector expanded at softer pace in May, shows HSBC India Manufacturing PMI

Jun 03, 2024

The HSBC final India Manufacturing Purchasing Mangers' Index, compiled by S&P Global showed, that it fell from 58.8 in April to 57.5 in May,...

India's economic growth accelerates in October as PMI rises to 58.6

Oct 24, 2024

The manufacturing sector led the growth, with the HSBC Flash India Manufacturing PMI climbing to 57.4 from 56.5, while the Manufacturing Output Index reached...