Tag: IHS Markit India

India’s manufacturing sector activity strengthens in December: PMI

Employment, on the other hand, decreased again in December, thereby stretching the current sequence of job shedding to nine months.

January 4, 2021

Lockdown impact

On the exports front, official data has shown that the nation’s shipments contracted by a record 60.28 per cent to $10.36 billion in April amid the lockdown. It has led to large-scale disruptions in the supply chains and demand structure leading to cancellation of orders.

May 29, 2020

India’s service sector activity contracted to 49.3 as firms cut workforce due to pandemic

Business activity was reduced in response to weaker demand and firms responded by reducing their workforce as intakes of new business were insufficient to maintain payroll numbers.

April 6, 2020