New Delhi, Jun 1 (KNN) India’s manufacturing sector recorded stronger growth in May, supported by higher domestic demand, rising output and increased purchasing activity, according to the latest HSBC India Manufacturing Purchasing Managers’ Index (PMI) by S&P Global. The seasonally adjusted manufacturing PMI rose to 55.0 in May fromContinue Reading
New Delhi, Jun 17 (KNN) India’s economy has emerged as a relative bright spot in an increasingly troubled global landscape, but mounting pressures from the West Asia conflict, rising inflation and a widening credit-deposit gap in banks are emerging as key risks, according to SBI Capital Markets (SBICAPS) June 2026Continue Reading
New Delhi, Apr 13 (KNN) The ongoing conflict in West Asia is expanding in scale, disrupting global shipping, energy supplies and trade flows, according to a Crisil Intelligence report. The report said the situation has triggered what is being described as one of the largest energy shocks on record, withContinue Reading
New Delhi, Apr 25 (KNN) Domestic consumption continues to drive India’s economic growth, but sustained momentum will require predictable policy support, Union Finance Minister Nirmala Sitharaman said on Friday. Speaking at an event organised by the State Bank of India (SBI) in Pune, she emphasised that a committee of bankersContinue Reading
New Delhi, May 11 (KNN) India’s private capital expenditure rose sharply by 67 percent year-on-year to Rs 7.7 lakh crore in September 2025, compared with Rs 4.6 lakh crore in the same period last year, signalling a strong revival in the investment cycle, according to the Confederation of Indian IndustryContinue Reading
New Delhi, May 23 (KNN) India’s domestic demand continues to remain the primary engine of economic growth, but the near-term outlook has become ‘somewhat clouded’ due to supply-side pressures arising from the ongoing West Asia crisis, according to the latest State of the Economy report released by the Reserve BankContinue Reading
New Delhi, Jun 2 (KNN) India successfully achieved its fiscal deficit target of 4.4 percent of GDP for FY26, maintaining fiscal discipline despite revenue pressures, global economic uncertainties and the impact of revised GDP estimates, according to official government data. The fiscal deficit, which represents the gap between the government’sContinue Reading
