PURCHASING MANAGERS INDEX Subject: Economics Context: India’s manufacturing sector activity was largely flat in April, as rates of growth for new orders and output eased to eight-month lows amid the intensification of the Covid-19 crisis, a monthly survey said. Concept: The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) was at […]

    PURCHASING MANAGER’S INDEX Subject: Economy Context: India’s services sector activity expanded at a slower pace in December as growth in sales eased to a three-month low and staff hiring came to a halt amid weak business optimism, a PMI survey showed. Concept: The Purchasing Managers’ Index (PMI) is an index of the prevailing […]

Subject: Economy Context: PMI for India’s manufacturing touched 56.3 in November, signaling that even as an improvement in wider industrial activity continued, the sector’s expansion as well as the pace of new orders slowed down while employment also declined further. Concept: It is a survey-based measure that asks the respondents about changes in their perception […]

Subject : Economy Context : India’s manufacturing sector activity improved for the third straight month in October with companies raising output to the greatest extent in 13 years amid robust sales growth, PMI survey indicated . Concept :  PMI is an indicator of business activity- in the manufacturing and services It is a survey-based measure […]