PMI

  • Manufacturing PMI rises to highest since March 2013 February 3, 2014

    Bangalore: Indian factories started 2014 on a high note, with activity growing at its fastest pace in nearly a year as domestic and overseas orders increased, according to a survey that also showed inflation accelerated. The HSBC Manufacturing Purchasing Managers' Index (PMI), compiled by Markit, bounced to 51.4 in January, its...
  • Current a/c gap narrows; economy seen improving December 2, 2013

    India's current account gap narrowed sharply in the September quarter, thanks to steps to curb gold imports, the latest in a run of positive signs for a sluggish economy. Earlier on Monday, the HSBC Manufacturing PMI index for November showed Indian manufacturing at its strongest since March. On Friday, data showed...
  • Rupee off highs; global data disappoints June 4, 2012

    Mumbai: The rupee was marginally weaker on Monday, with the outlook negative as global sentiment, fuelled by weak US non-farm payrolls and Chinese non-manufacturing PMI, continued to hurt risk assets. At 9:04 am, the partially convertible rupee was at 55.58/60 per dollar, weaker than its 55.54/55 close on Friday. Europe's debt crisis...
  • India likely to grow at 6.1 pc in 2012: Report April 8, 2012

    Mumbai: India is expected to grow at 6.1 per cent in calendar year (CY) 2012, similar to the pace recorded in Q4 2011, the Ernst & Young's quarterly Rapid Growth Markets Forecast (RGMF) released in Mumbai said. Growth should be picking up in H2 2012, provided the global economy does not...
  • Asia stocks gain on Fed hopes, China PMI firms September 1, 2011

    Melbourne: Asian stocks pushed higher in early trade on Thursday in line with a firmer tone on Wall Street, extending a recovery from a sharp sell-off in August on hopes the US Federal Reserve will intervene in markets to support the economy. Global markets have gained strength in recent days, rebounding...