India Manufacturing Sector Shows Resilience Amidst Rising Inflationary Pressures

India Manufacturing Sector Shows Resilience Amidst Rising Inflationary Pressures

India’s manufacturing sector demonstrated robust growth in April, with the Purchasing Managers’ Index (PMI) climbing to 54.7, as reported by S&P Global. This expansion, occurring across the nation’s industrial hubs, reflects sustained demand and increased production output, even as manufacturers grapple with significant inflationary headwinds triggered by escalating global geopolitical tensions. Understanding the Manufacturing Pulse…

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West Bengal Political Shift Sparks Optimism for Industrial Growth

West Bengal Political Shift Sparks Optimism for Industrial Growth

Economic Outlook Amid Political Transition Following the recent political developments in West Bengal, RPSG Group Chairman Sanjiv Goenka has signaled a wave of optimism regarding the state’s industrial trajectory. Goenka, a prominent voice in the Indian business landscape, expressed a widespread expectation among industry leaders that the current political climate will pave the way for…

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Bank Credit to Industry Surges 15% in March as Lending Momentum Accelerates

Bank credit growth in India accelerated significantly in March, with lending to the industrial sector climbing by 15% year-on-year, according to the latest data released by the Reserve Bank of India (RBI). This robust expansion, supported by sustained demand across services and retail portfolios, highlights a resilient credit environment as large corporations and Non-Banking Financial…

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