Manufacturing PMI edges up in October on sales, new orders
Business Standard|November 05, 2024
After an eight-month low, growth in India's manufacturing sector revived at the turn of the third quarter of the current financial year as output accelerated, driven by faster increases in total new orders and international sales, according to a private business survey released on Monday.
SHIVA RAJORA
Manufacturing PMI edges up in October on sales, new orders

The HSBC final India manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 57.5 in October from an eight-month low of 56.5 in September. A figure above 50 in the index denotes expansion in activity and below signifies contraction.

"Companies noted a quicker increase in order book volumes that was stronger than the average seen in nearly 20 years of data collection. Anecdotal evidence suggested that the introduction of new products and successful marketing initiatives helped enhance sales performances," the survey noted.

هذه القصة مأخوذة من طبعة November 05, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة November 05, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESS STANDARD مشاهدة الكل
India leads Global South to reject 'unfair' finance deal
Business Standard

India leads Global South to reject 'unfair' finance deal

Rich Global North polluted the planet to turn wealthy in a short span of time, an Indian negotiator told this reporter in Baku last week. \"And now they are trying to get even richer by asking us to fix the problem.\"

time-read
3 mins  |
November 25, 2024
Solar sector caught in a haze as Adani storm set to hit funding, project plans
Business Standard

Solar sector caught in a haze as Adani storm set to hit funding, project plans

The Indian solar sector is bracing for impact after the US charges against the Adani group and NYSE-listed Azure Power last week.

time-read
3 mins  |
November 25, 2024
False solutions for climate change
Business Standard

False solutions for climate change

As the ghastly impacts of climate change become more visible in our everyday lives, it is hard to shake off the feeling that one must step up and do something constructive.

time-read
3 mins  |
November 23, 2024
Expats to residents, Delhi's air is driving people out
Business Standard

Expats to residents, Delhi's air is driving people out

Embassies have stepped up efforts to deal with the situation; WFH option has residents temporarily relocating to their hometowns

time-read
3 mins  |
November 23, 2024
Making sense of census
Business Standard

Making sense of census

For all marketing professionals working in large companies, the population census of India is a treasure trove of information.

time-read
3 mins  |
November 23, 2024
MONEY CAN BUY YOU STARS
Business Standard

MONEY CAN BUY YOU STARS

What's behind West Asia's multi-billion charm offensive to become a destination for all kinds of sports stars?

time-read
4 mins  |
November 23, 2024
Business Standard

Ensure low tracking error, alignment with risk appetite

Exchange-traded funds (ETFs) witnessed a sharp rise in subscriptions in October, with net investments totalling ₹13,441 crore, compared to ₹381 crore in the previous month, according to data from the Association of Mutual Funds in India (Amfi).

time-read
2 mins  |
November 23, 2024
Strong order book to stand BEL in good stead
Business Standard

Strong order book to stand BEL in good stead

Brokerages mostly positive on the stock

time-read
2 mins  |
November 23, 2024
Strong Q2, growth outlook drive gains for Info Edge
Business Standard

Strong Q2, growth outlook drive gains for Info Edge

The stock of online classified major Info Edge (India) was up over 6 per cent on Friday on expectations of demand improvement for Indian IT companies.

time-read
2 mins  |
November 23, 2024
Business Standard

Regulator nod to Roshni Nadar to acquire majority stake in HCLTech

The Securities and Exchange Board of India (Sebi) on Friday gave nod to Roshni Nadar to acquire majority shareholding from her father Shiv Nadar, founder of HCL Group, in two promoter group companies.

time-read
1 min  |
November 23, 2024