HSBC Flash November PMI: Composite output index rises to 59.5, up from October's final reading of 59.1. Manufacturing PMI dips to 60.2, services PMI rises to 59.2
The business correspondent channel for financial inclusion is calling for a pay raise, investments and an end to penalties
China must reprioritise economic growth and reforms and boost investor confidence by levelling the playing field for all companies in the country, a European business group said Wednesday. With business confidence now at an all-time low over lagging domestic demand and overcapacity in certain industries, the annual European Business in China Position Paper called on China to open its economy and allow a more free market to determine resource allocation. It also recommended introducing policies to boost domestic demand. Profit margins in China are at or below the global average for two-thirds of the companies surveyed earlier in the year, according to the paper published Wednesday by the European Chamber of Commerce in China. In August, China filed a complaint with the World Trade Organisation over European Union tariffs on electric vehicles made in China. It also launched anti-dumping and subsidies investigations of European dairy products, brandy and pork exports. The tit-for-tat .
Business Standard examines the S&P BSE 200 group of stocks in which the two investor categories have shown the most confidence
Despite having slipped, the headline index was comfortably above the neutral mark of 50.0 and signalled a sharp rate of expansion that was well above the series history
The CII Business Confidence Index rose to 66.1 in April-June from 64 in the previous quarter, reflecting the positive momentum in a host of high frequency indicators such as GST collection and air & rail passenger traffic. Majority of the over 180 firms surveyed in the Business Outlook Survey (63 per cent) expect India's GDP growth to be 6-7 per cent in the current fiscal, decelerating from 7.2 per cent in the previous year, attributing it to global headwinds and uncertainties. "It is important for the RBI to stick with a pause on the interest rate to preserve the growth impulses. This was emphasised in the survey results, as 53 per cent of the respondents expected the RBI to maintain status quo on the key interest rates in the first half of the current fiscal," CII stated. Notably, 65 per cent respondents are of the view that the fresh sightings in private investment will be sustained in the current fiscal. There are several factors which are driving private capex such as ...
Business confidence has recovered from the lows of the pre-pandemic (201920) and the following two pandemic years, though sentiments continued to soften sequentially in the three quarters of the current fiscal, economic think-tank NCAER said. The NCAER-NSE Business Confidence Index (BCI) was higher at 126.6 in the third quarter of 202223 than the year-ago's level of 124.4. "However, sentiments continued to soften sequentially in the first, second and third quarters of 202223," it said. The National Council of Applied Economic Research (NCAER) further said sentiments relating to macro conditions remained relatively buoyant in the third quarter of 202223 as compared to the second. The share of positive responses increased for the component overall economic conditions will improve in the next six months' and remained unchanged for the component present investment climate is positive'. In contrast, sentiments pertaining to firms' own conditions softened between the two quarters for th
Two in every three MSMEs expect the profit to jump by over 30 per cent: MSME Business Confidence Study
Japan big manufacturers' sentiment improved to pre-Covid levels in the first quarter while companies stepped up capital spending plans, suggesting the economy was benefiting from a recovery in demand
Ensure that experimentation is just as natural as looking at the financial numbers on a daily basis, Thomke tells Shubhomoy Sikdar
Investors will see government action as primary risk
But, political confidence index (PCI) of businesses was up 12.1 per cent in Q4 on a quarterly basis
The dispute between the world's two biggest economies, threatens businesses throughout the region due to global value chains
The law of diminishing marginal utility is likely to catch up with the BJP
Meanwhile, the progress of the monsoon and the geographical spread of rains augur well for rural demand
The D&B Composite Business Optimism Index stood at 81.1 during the second quarter of 2016