Manufacturing PMI drops to 57.5 in August, job creation slows

‘Fierce competitors’ affected the manufacturing sector to some extent in August, because the Buying Managers’ Index (PMI) slipped to 57.5 from 58.1 in July. Nonetheless, it’s nonetheless larger than long-term common of 54, however there isn’t a excellent news on the job entrance. “The Indian manufacturing sector continued to increase in August, though the tempo … Read more

Sixteenth Finance Fee constitutes advisory council

The Sixteenth Finance Fee has constituted an advisory council with 5 members. The members of the council are DK Srivastava, Neelkanth Mishra, Poonam Gupta, Pranjul Bhandari and Rahul Bajoria Poonam Gupta can be the convenor of the council, a Finance Ministry assertion stated. The position and capabilities of the advisory council can be to advise … Read more