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India’s economic activity slows in November, flash PMIs show
BusinessLine· 2025-11-21 06:28
India’s economic activity slowed in November, weighing on job creation, a flash survey by HSBC Holdings Plc showed, as the US’s steep tariffs continued to pinch the South Asian nation.The manufacturing purchasing managers’ index slipped to 57.4 from 59.2 in October, while the services purchasing managers’ index climbed to 59.5 from 58.9 last month. That pushed the composite index down to 59.9 this month compared with 60.4 in October.The indexes reflect business confidence in the economy and are based on pre ...
X @Bloomberg
Bloomberg· 2025-08-26 08:54
India’s Prime Minister Narendra Modi is seeking to overhaul the country’s complex goods and services tax, in an attempt to boost domestic spending and cushion the economic blow of US tariffs. Here's what to know. https://t.co/YMzlyGtpsZ ...
X @Bloomberg
Bloomberg· 2025-08-15 03:54
India’s Prime Minister Narendra Modi says the nation will announce reforms in Goods and Services Tax in the coming months, a move that will significantly lower prices of everyday use items https://t.co/Y7YvCA2N24 ...