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Manufacturing picks up as orders rise - PMI
The pace of growth in India's factory sector inched up in April, supported by bulging order books, but slower output growth and increasing price pressures dampened sentiment, a business survey showed on Wednesday. The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by Markit, rose to 54.9 in April from 54.7 in March. The index has remained above the 50-mark that divides growth
The pace of growth in India's factory sector inched up in April, supported by bulging order books, but slower output growth and increasing price pressures dampened sentiment, a business survey showed on Wednesday. The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by Markit, rose to 54.9 in April from 54.7 in March. The index has remained above the 50-mark that divides growth
April auto sales subdued
Passenger vehicle (PV) sales in the domestic market last month grew moderately, with eight of the country’s top 19 automobile makers together recording a growth of nine per cent to sell
Deals of the day -- mergers and acquisitions
May 1 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1400 GMT on Tuesday:
May 1 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 1400 GMT on Tuesday:
Yarn industry fears cotton deficit by end of season
Yarn exporters in the northern region believe the export of additional two million bales (1 bale=170 kg) of cotton, allowed on Monday, may have a cascading effect on availability of the commodity.
Yarn exporters in the northern region believe the export of additional two million bales (1 bale=170 kg) of cotton, allowed on Monday, may have a cascading effect on availability of the commodity.
E-waste rules come to force today doubt stay
Industry experts, electronic goods manufacturers and recyclers feel the E-waste (Management and Handling) Rules, 2011, which come into force on Tuesday, are unlikely to solve the pertinent
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