Concerns are mounting on India’s economic policy front, shows the India Economic Policy Uncertainty Index. The index has been wobbly lately and shot up again in June to 137.61 from 83.04 in May and 137.18 in April. The chart below shows the volatile trend in the index. The jump seen […]
manufacturing
Supporting this optimism is the HSBC final India Manufacturing Purchasing Managers Index, which has consistently remained above its long-run average and the crucial 50-mark, separating contraction from expansion, for nearly three years now. However, with the Bharatiya Janata Party (BJP) returning to the Centre through a coalition government, a crucial […]