Tag Archives: economic indicators India

India’s economic activity showed a mixed picture in June, after a clear slowdown in May, according to a recent report by ICRA.While electricity demand showed some improvement in June, daily average vehicle registrations continued to weaken compared to May.Demand for two-wheelers and tractors is likely to improve on the back of rural sentiments, while urban consumption could get a lift …

NEW DELHI: Activity in the country’s manufacturing sector grew at its slowest pace in 14 months as production and new orders moderated but it still remained robust, a survey showed on Monday.The HSBC India Manufacturing Purchasing Managers’ Index (PMI) registered a reading of 56.3 in Feb, down from 57.7 in Jan, but still indicative of further improvement in the health …