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The decision came after a meeting of representatives of Indian Revenue Service (Customs and Central Excise), All India Association of Central Excise Gazetted Executive Officers, All India Central Excise Inspectors Association and All India

April service sector growth at 7-month low, dented by Lok Sabha...

Purchasing Managers' Index slipped to 51.0 in April, the lowest since September, down from 52.0 the previous month.

6 May 2019 5:59 AM

Responses were drawn from over 300 manufacturing units from both large and SME segments with a combined yearly turnover of over Rs 3 lakh crore. (Representational image)

India's manufacturing sector growth slows in April amid election...

The general election, that began on April 11, is currently underway. Votes will be counted on May 23.

2 May 2019 6:46 AM

This will work against the Indian IT services sector (H-1B dependent) as the average wage is approximately lower by 25 per cent compared to companies that are not dependent on H-1B visas as per estimates.

India's services sector activity growth slips to 12-month low in May:...

On the prices front, the survey noted that, firms were also helped by a lack of inflationary pressures in the sector.

5 Jun 2019 6:23 AM

Responses were drawn from over 300 manufacturing units from both large and SME segments with a combined yearly turnover of over Rs 3 lakh crore. (Representational image)

India's manufacturing sector growth gains momentum in May: PMI

The upbeat mood among goods producers, coupled with a solid increase in new work, underpinned further job creation in...

3 Jun 2019 6:05 AM

October manufacturing PMI data comes in sharp contrast to the robust show by India on World Banks Ease of Doing Business ranking.

India manufacturing PMI drops to 15-month low in Aug

On the employment front, the survey said weak sales prevented manufacturing firms from replacing retirees and voluntary...

2 Sept 2019 6:37 AM

The data follows a similar downtrend seen in the manufacturing sector, which also contracted in July following the implementation of GST.

GST blues hit services sector, falls to 4-year low

Confidence for the year though remains strong: Study.

3 Aug 2017 10:11 PM

The index came in below the crucial 50 threshold -- which separates contraction from expansion -- for the first time in 2016 in December.

Manufacturing PMI contracts in Dec after cash ban

Nikkei Markit India Manufacturing PMI -- an indicator of manufacturing activity -- fell to 49.6, down from 52.3 in Nov.

2 Jan 2017 5:59 AM

The official non-manufacturing Purchasing Managers Index (PMI) stood at 54.5 in December, down from 54.7 in November, but well above the 50-point mark. (Representational Image)

Growth in China's factories, services slows in Dec

China's GDP still looks set to hit Beijing's 2016 growth target of 6.5 to 7 per cent.

2 Jan 2017 2:15 AM

A reading above 50 indicates expansion in activities while a reading below 50 suggests contraction in growth.

Low exports hit manufacturing

Slowdown in consumer goods hint at not so achhe din.

1 Jun 2017 10:31 PM