IHS Markit
Services PMI leaps back to expansion zone
August data pointed to a renewed increase in private sector activity across India, ending a three-month period of downturn
Manufacturing activity shrinks again in July, PMI below June-level
In April, the index had slipped into contraction mode, after remaining in the growth territory for 32 consecutive months
India's real GDP growth in FY20 to come below 5 per cent: Report
For the first half of 2019-20 fiscal, GDP growth slowed to a pace of 4.8 per cent compared to the 7.5 per cent a year back.
RBI likely to cut rates again in June; none thereafter on rising inflation
RBI had cut interest rate by 25 basis points each in February and April to boost economic growth
India Inc’s output dips to four-month low in June
The widely tracked Nikkei Manufacturing Purchasing Managers Index (PMI) dropped to 50.9 in June from 51.6 in May.
52.2 PMI points to a growing services industry
The Nikkei/IHS Markit Services PMI rose to a seven-month high of 52.2 in May.
Services PMI records near-flat April growth
Growth has been stymied by competitive pressure: Survey
India makes the top 5 in defence budgets: reports
The US remained way ahead of the world with a budget of $622 billion, followed by China at $191.7 billion.