Tag: HSBC India Manufacturing Purchasing Managers’ Index

Strong demand lifts manufacturing PMI to 59.2 in October, nearly a 17-year high

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Strong demand lifts manufacturing PMI to 59.2 in October, nearly a 17-year high

Manufacturers cited demand strength, efficiency improvements, new clients and technology investments as factors driving higher production. Representational file image | Photo Credit: SHIV KUMAR PUSHPAKAR Manufacturing activity accelerated to 59.2 in October, nearly a 17-year high, driven by strong demand and the Goods and Services Tax rate reductions, according to a private sector survey. The…

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Factory activity improved to six-month high in January

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Factory activity improved to six-month high in January

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s private sector manufacturing activity rebounded to a six-month high in January after hitting a one-year low in December, thanks to exports recording their best month in almost 14 years even as factory order books expanded at the fastest pace since July 2024, as…

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Stock markets settle flat in highly volatile trade; oil & gas, FMCG shares major drag

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Stock markets settle flat in highly volatile trade; oil & gas, FMCG shares major drag

According to exchange data, equities worth ₹9,791.93 crore were sold by FIIs on Monday, September 30, 2024, while Domestic Institutional Investors DIIs purchased equities valued at ₹6,645.80 crore. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty edged lower on Tuesday (October 1, 2024), extending the losing run to the third day amid profit-taking…

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PMI signals factory activity eased a tad in July; price pressures mount

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PMI signals factory activity eased a tad in July; price pressures mount

A worker makes a metal filter plate inside an industrial manufacturing unit on the outskirts of Ahmedabad. | Photo Credit: Reuters Growth in new orders and output eased slightly at Indian factories during July, even as firms raised selling prices at the highest pace in almost 11 years amid a significant spike in input costs…

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Heatwave and poll effects drag factory output, new orders to 3-month low in May

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Heatwave and poll effects drag factory output, new orders to 3-month low in May

Image used for representational purpose. | Photo Credit: Reuters India’s factory activity levels dropped to a three-month low in May, with output levels easing due to the heat wave that led a reduction in working hours amid intensive heat and a rise in production costs that flared up to a level only experienced once over…

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India’s manufacturing PMI inched up to 56.9 in February

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India’s manufacturing PMI inched up to 56.9 in February

A reading of over 50 on the PMI, which rose from 56.5 in January to 56.9 last month, indicates an expansion in activity. File. | Photo Credit: B. Velankanni Raj India’s manufacturing sector continued its recovery in February from an 18-month low in December, with production levels and sales rising at the fastest pace in…

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