[ad_1] New Delhi: Government may earmark an outlay of Rs 7,500 crore under production linked incentives Plan For IT Hardware products such as personal computers, laptop, pills and servers, according to a source aware of the development. Foreign companies looking for incentives under Plan An investment of Rs 500 crore may have to be made […]
Manufacturing PMI stable, export orders at 11-year high
[ad_1] Manufacturing growth held steady in May, as export orders hit an 11-year high and companies could secure new deals, despite increasing selling prices at the fastest pace in eight-and-a-half years, with input costs rising. Customers to pass the spike in burden. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) eased slightly […]
Agriculture is shining despite the scorching heat due to the halt in manufacturing
[ad_1] Agriculture and allied sector registered a decent 4.1% expansion in the March quarter and continued to be a bright spot in the GDP figures in the latest estimate released earlier this month, while intense heat reduced wheat yields and agriculture The ministry lowered the cotton crop forecast. , However, contraction in the manufacturing sector […]