India’s manufacturing PMI declines to 7-month low of 55.4 in March India’s factory activity grew at its weakest pace in seven months in March, as renewed lockdowns to curtail an increase in Covid-19 cases dampened domestic demand and output. The IHS Markit Purchasing Managers’ Index (PMI) for India’s manufacturing sector declined to 55.4 in March […]
India is currently the third-largest energy consumer in the world. Our country is highly dependent on oil and natural gas for its further development and growth. Around 58% of the total energy consumed in India comes from coal, while petroleum and other liquids make up 26% of the energy basket. Unfortunately, the share of natural […]
The share prices of GAIL and ONGC have been showing a huge surge over the past two days. The reasons behind certain stock-specific movements can be quite difficult to comprehend. In this case, there was a clear answer. Find out why both these stocks showed an amazing rally, in this very detailed article.