Manufacturing National News

PMI For Indian Manufacturing Sector Dips To 57.7 In July

The Indian manufacturing sector maintained strong growth momentum at the start of the third quarter (July-September 2023) amid ongoing buoyant demand. According to S&P Global’s India Manufacturing Purchasing Managers’ Index, it marginally fell from 57.8 in June to 57.7 in July. The indices vary between 0 and 100, with a reading above 50 indicating an […]

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Export Food Government National News

IMF Warns India’s Rice Export Ban Could Exacerbate Global Food Price Volatility

IMF’s Chief Economist and Director, Pierre-Olivier Gourinchas, has said restrictions imposed by India on exports of certain varieties of rice are likely to exacerbate volatility in food prices in the rest of the world. “And they (the ban on rice exports) can also lead to retaliatory measures. So, they are certainly something that we would […]

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International News

India To Overtake China As Largest Driver of Global Oil demand By 2027: IEA

India will soon overtake China as the largest driver of global oil demand, International Energy Agency (IEA) chief Fatih Birol said on Wednesday, according to Reuters. Birol made this statement during a G20 event in New Delhi, emphasizing the “rapid growth of electrification in cars and buses in China as one of the reasons behind […]

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Manufacturing News

India’s Manufacturing Sector Grows At 31-Month High In May

India’s manufacturing sector showcased encouraging growth in May and painted a positive picture for the industry. According to S&P Global’s India Manufacturing Purchasing Managers’ Index, it rose from 57.2 in April to 58.7 in May, indicating the most robust improvement in the health of the sector since October 2020 or a 31-month high. Not only […]

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Food/Entertainment Government News

India Hosts Roundtable on Millets To Strategise Production, Consumption Globally

A ministerial round table of millets was held post-inaugural session of the Global Millets (Shree Anna) Conference in New Delhi on Saturday. Ministers from Guyana, Mauritius, Sri Lanka, Sudan, Suriname and Zambia; Permanent Secretary, Agriculture of Gambia and Maldives and Director General, Millets Initiative, Nigeria participated in the meeting. India held its first mega-global event […]

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