Though production of 8 core infrastructure sectors slowed to a 5-month low in March, other manufacturing and services indicators paint an optimistic picture of the economy.
The S&P Services PMI Index for April also pointed out that the level of job creation had remained static despite the growth in business activity, and that input price pressures remain.
Services' share in India’s GVA increased from 48% to 57% in 8 years without being the primary focus. Imagine what the sector can do if Modi govt sets its eyes on it.
Survey report cites improved performance in sectors like tourism, hotels, real estate, IT-BPM and e-commerce. Anticipates improvement in India’s services exports.
Services sector shows buoyant recovery but manufacturing estimated to decelerate due to weak external demand. Moderation in commodity prices could provide some support to the sector.
Manufactured goods are ever-shrinking slice of pie, & high exchange rate from surplus in service trade keeps Indian products pricey in export markets, despite low labour costs.
The services sector PMI rose to 58.4 in October from 55.2 in September — the third straight month of expansion as the economy shrugs off pandemic disruptions.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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