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Indias factory activity contracts for third straight month in June. (AP Photo)

India's factory activity contracts for three consecutive months

Input and output prices declined for a third consecutive month in June, and manufacturers continued to cut staff

1 July 2020 11:55 AM IST

The Nikkei India Manufacturing Purchasing Managers Index (PMI) fell to 50.3 in October, from 51.2 in September, indicating a broad stagnation in the manufacturing sector.

Manufacturing PMI jumps to 55.3 in July

According to monthly IHS Markit India Manufacturing Purchasing Managers' Index survey, the index moved above the...

3 Aug 2021 8:51 AM IST