Chinese firms engaged in fierce price war: Report

IANS | March 2, 2026 1:30 PM

New Delhi, March 2 (IANS) Price wars are taking a heavy toll on China’s corporate sector as profits are being sharply eroded in the fierce competition to grab a share of the dwindling market pie amid excess production capacity. This is also resulting in the dumping of cheap Chinese goods in overseas markets.

India’s manufacturing PMI rises to 4-month high in Feb over robust domestic demand

IANS | March 2, 2026 10:56 AM

New Delhi, March 2 (IANS) The manufacturing PMI in India rose from 55.4 in January to a four-month high of 56.9 in February, as a substantial improvement in domestic demand for Indian goods fuelled new order intakes and spurred the greatest upturn in production volumes for four months, S&P Global data showed on Monday.