Tag: ihs markit

Trade: How has the second wave of Covid hit trade?

When the second wave of Covid hit, the country braced for economic disaster, anticipating worse than what happened last year. So far, that hasn’t happened,...

climate change: To tackle climate change, China must overhaul its vast power grid

One of the most pressing challenges for China to meet its pledge to cap carbon emissions this decade and pivot toward renewables is overhauling its...

Archegos fallout: Hedge fund fallout wipes over $9 bn from market value of Credit Suisse, Nomura

LONDON: Shares in Nomura and Credit Suisse fell further on Wednesday, with a collective $9 billion wiped off their market value so far this week...

January factory activity hits 3-month high, job cuts subside

India’s manufacturing sector activity strengthened in January as companies scaled up production at the quickest pace in three months in response to faster expansions in...

India’s services sector loses more steam in Dec, job cuts resume

Growth in India’s dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment, a...

India’s services activity grows in October for first time in 8 months

Activity in India’s dominant services industry, expanded for the first time in eight months in October as demand surged, but pandemic-hit firms continued to cut...

India’s factory activity grows for first time in five months in August

Manufacturing activity in India grew in August for the first time in five months led by a rebound in domestic demand as lockdown restrictions eased...

ihs markit: Covid blow results in steep fall in April services activity

New Delhi: India’s services sector collapsed in April after the lockdown imposed to combat the coronavirus outbreak brought activity to a complete halt, leading to...

COVID-19 impact: Services PMI falls to 5-month low

NEW DELHI: India’s services sector activity contracted in March, bearing the impact of the Covid-19 pandemic that dented demand, especially in overseas markets, as discretionary...

India’s March services activity contracts amid coronavirus disruptions

BENGALURU: India’s dominant services sector, the lifeblood for economic growth and jobs, contracted in March as new business and export demand fell sharply as the...