Prime Minister Narendra Modi on Sunday lauded the Indian toy industry for accomplishing the success “nobody may have imagined”, noting that its export has soared to Rs 2,600 cr from Rs 300-400 cr. when it comes to Indian toys, the echo of ‘vocal for neighborhood’ is being heard everywhere, he said in his monthly ‘Mann […]
India’s manufacturing activity in July improved on the fastest pace in 8 months on the lower back of recent commercial enterprise orders and output, said a survey with the aid of S&P global on Thursday. S&P Global India Manufacturing Purchasing Managers’ Index (PMI) jumped to 56.4 in July from 53.9 in June. A studying above
The Automotive Industry has a significant contribution to the Indian economy. With a 7.1% GDP contribution to the Indian economy, this sector plays a crucial part in India’s overall growth and development. Due to various situations like Covid-19 and supply chain disruptions, this sector was going through a rough phase for the past few years.
Earlier in January 2022, the world bank projected that India’s growth will be at 8.7% for this financial year. But, on Tuesday 7th, June 2022, the world bank revised this projection to 7.5%. This negative change was due to various global factors like lockdowns in China, the Russia-Ukraine war, supply chain disruptions, higher unemployment in
IMF Cuts Its Global Growth Forecast as China, U.S. Stumble: The International Monetary Fund has lowered its global growth forecast this year because of the lousy outlook for China and the United States due to the emergence of the new Covid Variant Omicron. In an interview, the IMF while addressing the global economic situation on
WHAT IS STOCK OR SHARE ? What are stocks, shares and equities? Stocks, shares and equities are terms used to describe units of ownership in one or more companies. The owner – known as a shareholder – will receive dividend payments, as well as voting rights, if the company grants them. The terms are often