-Business Standard The headline figure has been in the expansion zone for the sixteenth consecutive month since August 2021 India's services activity recovered to a three-month high in November as services firms benefited from accommodative demand. New business inflows rose markedly and at the quickest pace in the last three months. The Purchasing Managers' Index (PMI) for the services sector released by credit rating agency S&P Global improved to 56.4 in November from...

-Livemint.com Growth in exports, easing inflation, and higher manufacturing activity have lifted India to the top half of Mint’s Emerging Markets Tracker for the first time in four months India climbed five spots to attain the third position among key emerging markets in January, the latest update to Mint’s emerging markets tracker shows. Rising exports, falling inflation, and greater manufacturing activity boosted India’s rank in January although it still remains a few...

-PTI/ The Hindu Inflationary pressures, meanwhile, remained subdued as seen by a modest increase in input costs and only marginal rise in selling prices. India’s manufacturing sector activity improved for the third straight month in October with companies raising output to the greatest extent in 13 years amid robust sales growth, a monthly survey said on Monday. The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) rose from 56.8 in...

-The Hindu Business Line Many high-frequency economic indicators are looking good, but must sustain beyond the unlock period, too There has been a sudden surge of optimism in the economy with various high-frequency indicators — PMI numbers, auto production/dispatches, e-way bills generated, GST collections, etc. — showing positive tendencies. So, should we be celebrating? The answer is, yes and no. Yes, because there is something good happening in the economy and hence bodes...

-The Economic Times January-March quarter growth may have slumped to 6-6.3% against 6.6% expansion in the preceding one. NEW DELHI: India’s economic growth is likely to have slipped below 7% in FY19, the lowest in the past five years, because of a disappointing fourth quarter. That could prompt a further cut in interest rates by the central bank and renewed efforts by the incoming government to drum up demand and private investment,...