In this article, we are going to see the historical trend of India's Purchasing Managers' Index (PMI). Let us also discuss how does PMI figures affect the economy and various economic as well as investors decisions.
Calculation of Purchasing Managers' Index Introduction Purchasing Managers' Index (PMI) has become one of the most closely watched indicators of business activity in the manufacturing and services sector across the world. In this article, we will discuss what is PMI, how to calculate it, How does one read PMI numbers etc. What is Purchasing Managers' … Continue reading What is Purchasing Managers’ Index (PMI)?
The Reserve Bank of India, RBI cuts repo rate by 25bps to 5.75% from 6% on 6th June 2019. RBI also decided to change the stance of monetary policy to accommodative from neutral and lowered GDP growth forecast to 7% from 7.2%, in its second Bi-monthly monetary policy meet of the financial year 2019-20.
Wholesale Price Index (WPI) is one of the key macroeconomic indicators of inflation. Wholesale price is generally defined to capture all bulk transactions of goods carried out in the domestic market. In this article, we will see what is WPI, what are the basket of goods under WPI and their respectiev weights and calculation of WPI.
In this article, we will discuss Historical Trend of India's FDI Inflows, the trend of countrywise and sectorwise FDI equity inflows in India.