Wednesday, 5 October, 2022
TopicPMI

Topic: PMI

India’s manufacturing PMI surges to a decade high in October

Manufacturers indicated that the ongoing relaxation of Covid-19 restrictions, better market conditions and improved demand helped them to secure new work in October.

India’s services index remain in contraction zone for a second month

The weak reading in October belies any hope for signs of recovery in India's economy given the services industry accounts for more than half of the GDP.

Animal spirits of Indian economy waver in election season uncertainty

Business activity sees marginal uptick but exports growth tardy, consumer demand sluggish & industrial production slower.

India’s services index expands at slowest pace in 3 months, signals cooling off in demand

RBI believes that companies are passing on higher input costs to consumers and fanning inflation, which is at its highest in nine months.

On Camera

YourTurn

File photo of Chinese military band on Palace Square | Wikimedia Commons

No traditional deterrence—PLA has its own agenda at Ladakh. Deter, compel, make India accept

The Chinese term for deterrence differs from the English term in International Relations literature. China combines deterrence and compellence strategies.

Indian refiners scout for oil deals ahead of EU ban on Russian crude imports

European Union ban on Russian crude imports from 5 Dec will drive European refiners to buy more Middle East oil, putting them in competition with Asian buyers.

Defence

IAF chief Air Chief Marshal V. R. Chaudhari with Defence Minister Rajnath Singh | Twitter/ @IAF_MCC

Need organisation structure best suited to Indian conditions, IAF on theatre commands

The IAF chief said the model of integration that India adopts must be future-ready, must reduce levels of decision-making, and capitalise on the strength of all three services.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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