News for 'Andrew Harker'

Manufacturing activity eases for 2nd straight month in July

Manufacturing activity eases for 2nd straight month in July

Rediff.com1 Aug 2023

Manufacturing sector activities in India moderated for the second straight month in July as rates of expansion in output and new orders eased slightly, a monthly survey said on Tuesday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) eased to 57.7 in July from 57.8 in June. Despite the fall, the Indian manufacturing sector maintained strong growth momentum at the start of the third quarter amid ongoing buoyant demand, the survey said.

India's service industry returns to modest growth in July

India's service industry returns to modest growth in July

Rediff.com5 Aug 2015

Services companies continued to raise prices, though the rate of change was the weakest since April