Category: Business talk

A slowdown in business activity of both the manufacturing and services sector pulled down the expansion of India’s private sector economy in September, according to a survey by HSBC on Monday.  According to the survey carried out by the global banker, the headline flash composite Purchasing Managers’ Index (PMI) figure declined to 59.3 in September, […]

HSBC Flash India Composite PMI drops to 59.3 this month from 60.7 in August: India’s private sector business activity levels expanded at the mildest pace in nine months this September, with output, new orders and export deals clocking the softest upticks so far in 2024, as per the HSBC Flash India Composite PMI Output Index, […]

The financial year 2025 has started with mixed news for those in the green card queue. The Department of State has released the October 2024 Visa Bulletin, providing a snapshot of immigrant visas available for the first month of financial year 2025. Notably, the Final Action date for the China EB-3 category has been pushed […]

The most visible impact of this order will be seen in the Government buying of IT and other technology products. In an effort to further push the Make in India initiatives, the Government has tightened public procurement norms by excluding imported inputs, while calculating the local content in its purchase orders. In the latest revision […]

MOSPI looking at ways to increase frequency of statistics on employment and unemployment. In what could bridge the gap on high frequency data on jobs in the economy, the Government is looking at increasing the frequency of the Periodic Labour Force Survey. According to sources, the PLFS may move from a quarterly to a monthly […]

This year’s interim budget provided a token amount for PLI for toys but details will be spelt out when cabinet approval is in place. The Government is considering launching an incentive scheme to boost domestic manufacturing of toys, keeping in view the high employment potential of the sector. This follows a series of steps taken […]

The market is on the edge of a tense standoff between optimistic and pessimistic forces next week as election excitement reaches a critical point. Foreign portfolio investors (FPIs) have taken the most significant net short positions in index futures ever recorded, while retail and high net-worth investors (HNIs) show an all-time high bullish stance in […]