The health of the Indian private sector economy improved substantially in January, as a sharper upturn in new work intakes fuelled output growth and operating capacities remained under pressure, encouraging firms to hire additional workers, the HSBC Flash India PMI data showed on Wednesday. The Flash India Composite PMI Output Index - a seasonally adjusted index that measures the month-on-month change in the combined output of India's manufacturing and service sectors - was at 61.0 in January, inside expansion territory for the thirtieth successive month.
T Rising from 58.5 in December, the latest figure pointed to the sharpest rate of growth since September 2023. The inaugural flash results also highlighted an intensification of cost pressures, but selling prices were raised to a smaller extent. Pranjul Bhandari, Chief India Economist at HSBC notes that the economy grew at a faster pace in January, led by stronger manufacturing output, as well as more robust business services activity. "New orders rose at a faster pace than a month ago, and within that, international orders were stronger than before.
Diese Geschichte stammt aus der January 26, 2024-Ausgabe von The Business Guardian.
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POLLUTION IMPACT NOT RESTRICTED TO DELHI ALONE: SISODIA
Aam Aadmi Party (AAP) leader Manish Sisodia on Monday put the blame on the Bharatiya Janata Party (BJP)-led central government over rising pollution in North India.
AAP blames officials for negligence
Amid worsening air quality in the national capital, Delhi Environment Minister Gopal Rai said that the meeting of senior officers of departments concerned at 12 noon for implementation of GRAP IV was rescheduled for later on Monday.
CM ATISHI HITS OUT AT CENTRE AS POLLUTION SOARS IN NORTH INDIA
Atishi slams the Centre for failing to tackle stubble burning, a recurring issue for five years.
LG orders staggered office hours
In a letter to the Secretary of the Department of Personnel and Training (DoPT), the association said that poor air quality has also had a noticeable effect on workplace productivity with employees experiencing symptoms such as respiratory issues, eye irritation, fatigue and general discomfort.
Air purifier, mask sales up in Delhi-NCR
\"At this level, wearing an N95 mask is not an option but a necessity. Even healthy individuals can fall victim to health complications\"
Govt to act on 'odd-even' scheme based on expert advice
The scheme operates from 8 am to 8 pm, restricting vehicular movement based on this alternating pattern.
SC seeks explanation from Registry why counter affidavit tiled by non-party was accepted
The Supreme Court in the case Harmanpreet Singh v. State of Punjab observed and has sought an explanation from the Registrar (Judicial) how a party i.e., the complainant in the said case was able to file a counter-affidavit when its application filed seeking impleadment was not allowed by the Court.
SC Collegium recommends appointment of Justice D Krishnakumar as the Chief Justice of Manipur High Court
The Supreme Court Collegium bench led by CJI Sanjiv Khanna has on November 18, recommended the appointment of Justice D Krishnakumar as the Chief Justice of Manipur High Court.
Supreme Court dismisses plea for enquiry into Netaji Subhash Chandra Bose's death
The Supreme Court in the case observed and has dismissed the petition filed seeking inquiry into the death of Netaji Subhash Chandra Bose.
Delhi High Court directs RSY News to take down original videos of ANI in copyright infringement suit
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