Category: Economy

Manufacturing growth eased in June as per S&P Global India Manufacturing Purchasing Managers’ Index (PMI) when compared to May 2023.

Data released by the Reserve Bank of India shows that India’s external debt at end-March 2023 rose to $624.7 billion from the year-earlier period but the external debt-to-GDP ratio slid to 18.9% at end-March from 20% a year earlier.

The pace of growth of 8 key infrastructure sectors slackened to 4.3% in May because of a decline in the production of crude oil, natural gas and electricity.