Page 2 - India Manufacturing Growth
India's economic recovery likely to be 'U' shaped and not 'V': Analysts
The world over various countries are in different stages of opening up after going through a complete lockdown for 60-90 days.
 "India's economic recovery likely to be 'U' shaped and not 'V': Analysts")
Industrial activity picking up pace in UP; no new tax proposal: Adityanath
UP government eyeing post-covid investments with companies looking to exit China
 "Industrial activity picking up pace in UP; no new tax proposal: Adityanath")
Top headlines: Biz sentiment sinks to record low, Moody's outlook on banks
Business Standard brings to you the top headlines of the day
 "Top headlines: Biz sentiment sinks to record low, Moody's outlook on banks")
January retail inflation at 68-month high of 7.59%; Dec IIP shrinks 0.3%
The index of industrial production (IIP) fell from a growth rate of 1.8 per cent, as the manufacturing sector slipped into negative territory again
 "January retail inflation at 68-month high of 7.59%; Dec IIP shrinks 0.3%")
Space sector can hit $50 bn by 2024, needs policy support: Antrix-PwC study
Calls for unhindered access to capital for start-ups, govt support in the form of buyback arrangements or schemes to incentivise investors
 "Space sector can hit $50 bn by 2024, needs policy support: Antrix-PwC study")
India's manufacturing capacity utilisation declines to the lowest ever
Capacity utilisation had improved gradually from 71 per cent in the aftermath of demonetisation to 76.1 per cent in January-March 2019
 "India's manufacturing capacity utilisation declines to the lowest ever")
S&P reaffirms India's sovereign rating at BBB- with a stable outlook
S&P's reiteration of India's rating and outlook is good news for the government as it fights multiple fires on the economic front
 "S&P reaffirms India's sovereign rating at BBB- with a stable outlook")
Service sector can help govt achieve target of $5 trn economy: Goyal
He emphasised that these two sectors need to work together, as without services, manufacturing cannot succeed and without manufacturing, services cannot grow
 "Service sector can help govt achieve target of $5 trn economy: Goyal")
India needs more than tax cuts to become a global manufacturing hub
A shortage of skilled workers, bureaucracy and lack of adequate road and port infrastructure are key impediments investors face in India
 "India needs more than tax cuts to become a global manufacturing hub")
Strong demand boosts India's factory activity to 52.5 in July: PMI data
Overseas demand was hampered by slower global trade flows, underscoring the brodening impact of international tariff tensions, especially led by the bruising Sino-U.S. row
 "Strong demand boosts India's factory activity to 52.5 in July: PMI data")
IMF says moving jobs away from manufacturing can boost growth
Make in India is primarily a manufacturing initiative, for both domestic and export markets
 "IMF says moving jobs away from manufacturing can boost growth")
