The HSBC India Manufacturing Purchasing Managers' Index (PMI) rose to 58.4 in June from 57.6 in May due to a rise in demand for new orders and growing exports, primarily to the US.
A researcher at the Shanghai Institute of International Studies argues that India has aligned itself with the US since the trade war began, seeking favourable terms to attract relocating industries.
The rebound in growth in December quarter was expected, owing to improvement in govt spending, festival-induced boost to consumption & a sharp increase in non-oil exports.
Govt also revised growth estimates for 2023-24 to 6.5%, up from 6.4% earlier. This means growth in final quarter would have to be at 7.7%, far higher than economy has recently seen.
The first advance estimates peg India’s GDP (Gross Domestic Product) growth at 6.4 percent in FY 2024-25, compared to 8.2 percent growth recorded in...
The latest govt survey of the non-agricultural informal sector shows it shrank between 2015-16 and 2021-22, following which it has been growing both in terms of establishments and workers.
The secondary sector, comprising manufacturing, construction and utilities, was the main reason for the slowdown, but agriculture & services did better than last year.
A decade later, it has become hollow to blame the UPA government or even Jawaharlal Nehru, especially given that the UPA government had a better record on job creation and balanced growth.
Latest Annual Survey of Industries 2022-23 shows large segments of India’s manufacturing workforce are employed in low-productivity work, value added per worker has contracted.
Forget comparing it with classics like Hrithik’s Ek Pal Ka Jeena or the slick title track of Dhoom 2, Janaab-e-Aali does not even come close to Ghungroo.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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