New Delhi, June 1 (IANS) India’s manufacturing PMI rose to 55.0 in May, above the readings of 54.7 in April and the flash figure of 54.3 due to quicker increases in buying levels, new orders and output compared to April, with stockpiling gaining strength as a result, the HSBC Flash India PMI data showed on Monday.
Mumbai, June 1 (IANS) Leading automobile companies continued to report healthy sales momentum in May, with Hyundai Motor India Ltd (HMIL) and Mahindra & Mahindra (M&M) posting growth in domestic sales amid sustained demand, according to data released on Monday.
Mumbai, June 1 (IANS) India's digital payments ecosystem witnessed continued growth, with Unified Payments Interface (UPI) transaction volumes rising 24 per cent year-on-year to 23.20 billion and transaction value nearing the Rs 30 lakh crore mark in May, according to data released by the National Payments Corporation of India (NPCI) on Monday.
Seoul, June 1 (IANS) South Korea's aviation sector output fell at the sharpest pace in 52 months in April, mainly due to a spike in fuel surcharges stemming from the prolonged Middle East conflict, government data showed on Monday.
Washington, June 1 (IANS) Intel Corporation and 3D Glass Solutions have signed a memorandum of understanding with the Odisha government to explore establishing an advanced semiconductor glass core packaging substrate manufacturing facility, a move that could strengthen India's ambitions to become a global semiconductor hub.
New Delhi, May 31 (IANS) The latest proposal from Pakistan's Federal Board of Revenue (FBR) seeks to tax YouTubers based on the number of views they receive, a move that has triggered a major controversy over its coherence, legality, and alignment with the realities of online monetisation, according to a report in Maldives Insight.
Beijing, May 31 (IANS) China's manufacturing activity slowed further in May as new export orders contracted and input costs kept rising, according to a survey by the country's National Bureau of Statistics (NBS) released on Sunday.
New Delhi, May 31 (IANS) A vast expanse of solar panels is rapidly transforming the white salt deserts of Gujarat’s Rann of Kutch into one of the world’s biggest renewable energy hubs, a report has said.
New Delhi, May 31 (IANS) The Aircraft Accident Investigation Bureau (AAIB) on Sunday released its preliminary report into the serious incident involving a Swiss International Air Lines flight that suffered an engine failure during take-off at Delhi’s Indira Gandhi International Airport on April 26.
New Delhi, May 31 (IANS) Sridhar Vembu, founder and chief scientist of Zoho Corporation, has cautioned that soaring valuations of some of the world's largest technology companies, fuelled by investor enthusiasm around artificial intelligence (AI), exhibit characteristics of a market bubble that could eclipse the dot-com era.
