Falling to a nine-month low, the HSBC’s flash India Composite Purchasing Managers Index slipped to 59.3 in September from August’s reading of 60.7.
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The Finance Minister highlights the need to prioritise the Indian economy and take care of the baking sector to achieve the targets
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India aims to emerge as an economic superpower and developed nation by 2027, yet USD 4 trillion and USD 5 trillion gross domestic product (GDP) targets remain elusive, despite robust economic growth
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The nifty index reached an all-time high for the fourth consecutive week, climbing 2 per cent week-on-week (w/w) as real estate and financials led the market gains with 4-6 per cent increases
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During his visit, PM Modi will also interact with the Indian diaspora and American business leaders
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Major players in the ecommerce space are ramping up their marketing campaigns and offering significant price cuts to attract consumers during this crucial shopping period
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This marks a reduction in transaction fees, ranging from 33 to 96 per cent
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The data highlights that India took 63 years, from 1947 to 2010, to reach a gross domestic product of USD one trillion
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