What is the latest data the Monetary Policy Committee will weigh at its ongoing meeting, before taking a decision on interest rates on Friday? The Composite Purchasing Managers Index (PMI) for July came in at 56.6, indicating strong expansion from the previous month, although the pace of expansion in the services sector has slackened. The Composite PMI provides a snapshot of private sector activity in both manufacturing and services. A reading above 50 signifies expansion from the previous month. The...
Moneycontrol Pro Panorama | After US, will inflation ease in India?
Aug 11, 2022 / 03:21 PM IST
In today’s edition of Moneycontrol Pro Panorama: Nitish Kumar outfoxes BJP in Bihar, the Fed’s tightening may not be working, Nykaa may take on more gloss, and moreRead Now
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