India’s investment drive fuels 25-year global productivity surge: McKinsey Global Institute

[ad_1] India’s ‘fast lane’ economy accounted for 11 per cent of global productivity growth recorded in the last 25 years, McKinsey Global Institute (MGI) said in a new report.Nearly 50 per cent of global productivity growth in the last 25...
Manufacturing PMI surges to 56.9 in February

Manufacturing PMI surges to 56.9 in February

[ad_1] Boosted by higher production and better sales, the manufacturing sector recovered in February as the Purchasing Managers’ Index (PMI) surged to 56.9. The month saw production rise at the fastest pace in five months, fuelling the quickest increase in sales...
Strong manufacturing sector boosts Q3 GDP growth to 8.4%

Strong manufacturing sector boosts Q3 GDP growth to 8.4%

[ad_1] Strong growth in manufacturing pushed the economic growth in October-December quarter (Q3) of FY24 to 8.4 per cent, defying all the expectations. Also, growth rate for full fiscal of 2023-24 upped to 7.6 per cent from earlier projection of...