Manufacturing PMI falls to 3-month low in June amid int’l demand slowdown

Output, new orders, exports and hiring lose momentum as softer demand and intense competition weigh on factory activity, though the sector remains in expansion territory   India’s private sector manufacturing activity expanded at its slowest pace in three months in June as growth in international sales, purchasing activity, employment and output moderated, a private survey…

Government lays out action plan to boost FDI, make compliance easier

Regular engagements with global investors to address their concerns, further simplifying processes as well as easing compliances to boost inflows are part of the plan ODI refers to investments made by Indian entities and residents overseas. The Centre’s key ministries are preparing a coordinated action plan to revive investor sentiment and boost capital inflows following…