IHS Markit Current Affairs, GK & News

PM Narendra Modi to get Global Energy and Environment Leadership Award

The Prime Minister of India, Narendra Modi, is all set to receive the “CERAWeek global energy and environment leadership award” at an annual international energy conference which is scheduled in March 2021. Highlights Prime minister will also be delivering the keynote address at the CERAWeek Conference-2021. The CERAWeek Conference-2021 will be held virtually from March ..

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India’s services activity contracts fourth month in a row-Services PMI at 34.2

The services industry in the country has shown contraction for the fourth straight month in July since the sales plunged and companies were prevented from manufacturing activities due to the lockdown situation imposed owing to the COVID 19 pandemic. The data has been published by a monthly survey on the services sector in India. Highlights ..

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Medium Term Growth in India to Remain Undisturbed: IHS Markit

A study published by IHS Markit has projected that the medium-term growth outlook for India is to remain favourable, even though the gross domestic product will tumble in the current financial year due to the coronavirus-induced recession in the country. The outlook is because of the large and fast-growing middle class in India that will ..

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India’s services sector growth hits 7-year high in February

Purchasing Managers’ Index (PMI) is released by the data analytics firm IHS Markit. As per the survey, services sector of the country rose for the fifth consecutive month to 57.5 in February after 55.5 in January. A figure more than 50 signifies expansion, while below-50 figure identifies contraction. The service sector dipped to a 19-month ..

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 Manufacturing Sector improves in December 2019

The London based Global information provider, IHS Markit Limited has reported that the Purchasing Managers’ Index (PMI) of the Indian Manufacturing Sector has risen to 52.7 percent in the last month of 2019. According to the IHS Markit Company, India’s PMI in manufacturing sector during the year 2019 was: 51.2 percent in November, 50.6 percent ..

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