Manufacturing PMI drops to 58.8 in April, modest job creation

[ad_1] As the output growth slowed, manufacturing-related Purchasing Managers’ Index (PMI) dropped to 58.8 in April as against 59.1 in March. However, the good news is that job creation was good.Also read: GST collection surges to ₹2.10 lakh crore in...

Industrial production grows 3.8% in Jan

[ad_1] India's industrial production grew 3.8 per cent in January 2024, according to official data released on Tuesday.Factory output measured in terms of the Index of Industrial Production (IIP) witnessed a growth of 5.8 per cent in January 2023.Also read:...