Private sector activity moderates, but stays strong

India's private sector activity experienced a slight moderation in September, registering 61.9, down from August's high, but still indicating strong expansion. New business intakes grew at a slower pace, impacting output and employment. Despite this, optimism remains high among private firms, fueled by expectations of benefits from GST rate cuts, even as international orders saw slower growth due to tariffs.

from News-Economic Times https://ift.tt/G0h4yEL
via IFTTT

Comments

Post a Comment

Popular posts from this blog

British PM Keir Starmer attempts post-Brexit reset with Europe visits

British Prime Minister Keir Starmer is in Germany and will visit France to focus on post-Brexit relationships. He met German Chancellor Olaf Scholz to discuss a new bilateral treaty aimed at boosting trade, defense cooperation, and tackling illegal migration. Starmer aims to rebuild vital European relationships for economic growth and joint action on pressing issues. from News-Economic Times https://ift.tt/9DARoXP via IFTTT
Read more