India's services PMI rises to 59.8 in November driven by robust output growth

IANS | December 3, 2025 10:51 AM

New Delhi, Dec 3 (IANS) India’s services PMI Business Activity Index rose from 58.9 in October to 59.8 in November, driven by robust new business intakes that fuelled output growth, according to the HSBC India Services Purchasing Managers’ Index (PMI) survey by S&P Global released on Wednesday.

MCX gold surges as global markets support rally

IANS | December 3, 2025 10:47 AM

Mumbai, Dec 3 (IANS) Gold prices on the Multi Commodity Exchange (MCX) jumped on Wednesday, supported by gains in the global bullion market and the sharp fall in the Indian rupee, which touched a record low against the US dollar.

India doubles down on domestic active pharmaceutical ingredient manufacturing

IANS | December 3, 2025 9:22 AM

New Delhi, Dec 3 (IANS) A total of Rs 4,763.34 crore worth investment has been made in the three and a half years under the scheme for Promotion of Bulk Drug Parks till September 2025, against an investment commitment of Rs 4,329.95 crore over the period of six years in greenfield projects, according to the government.

Imported car sales in S. Korea jump 23 pc in Nov

IANS | December 3, 2025 9:12 AM

Seoul, Dec 3 (IANS) Sales of imported vehicles in South Korea jumped 23 per cent in November from a year earlier, buoyed by strong demand for Tesla and German models, industry data showed on Wednesday.