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India’s manufacturing sector showcased its fastest growth in three months in August, driven by robust growth in new orders and output increase, according to S&P Global monthly survey. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) surged to 58.6 in August from July’s 57.7, indicating the second-best improvement in the health of the sector for nearly three years. Demand strength was pivotal to August’s robust performance, spurring the fastest upturn in new orders since January 2021. Competitive pricing and advertising were also cited as factors behind sales growth, the survey said. 

general elections. Alka Lamba had said, “In the three-hour-long meeting, Rahul Gandhi, Kharge ji, KC Venugopal and Deepak Babaria ji were present. We have been asked to prepare for the upcoming Lok Sabha elections.

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Rajinikanth makes the producer very happy with the success of 'Jailer'. Impressed with the movie's performance at the box-office, Sun Group founder and Chairman Kalanithi Maran gifted the Tamil superstar keys to a brand new BMW X7, priced around Rs 1.25 crore. Rajinikanth was given a choice between the BMW i7 (priced at around Rs 1.95 crore) and the BMW X7, and the actor picked the latter. The owner of Sun Pictures, which bankrolled the movie, also gave a cheque to the actor for an undisclosed amount. The envelope contained the inscription 'Superstar Rajinikanth — Record Maker'. Maran met the 72-year-old on Thursday evening to hand over the cheque and present the cars as a gift. According to the noted film trade analyst Manobala Vijayabalan, the envelope that Maran handed over to the 'Robot' star contained a single profit-sharing cheque worth Rs 100 crore from the City Union Bank of Mandaveli branch in Chennai. Before this, Rajini had been already paid a remuneration of Rs 110 crore for the movie.

Indian market. It will be available in three distinct color variants: Military Red and Black, Standard Maroon and Black, and Black Gold. The pricing starts at ₹1.73 lakh for the Military color variant, followed by ₹1.97 lakh for the Standard version, and ₹2.16 lakh for the top-tier Black Gold variant.

Indian Space Research Organisation (ISRO) is all set to for India's maiden solar mission, Aditya-L1, which is scheduled to be launched on September 2, 2023, at 11:50 am. Aditya-L1 is India's first solar space observatory and will be launched by the PSLV-C57 from the Sriharikota launch pad with launch rehearsal and vehicle internal checks all being completed. It will carry seven different payloads to have a detailed study of the sun, four of which will observe the light from the sun and the other three will measure in-situ parameters of the plasma and magnetic fields. The largest and technically most challenging payload on Aditya-L1 is the Visible Emission Line Coronagraph or VELC. VELC was integrated, tested, and calibrated at the Indian Institute of Astrophysics' CREST (Centre for Research and Education in Science Technology) campus in Hosakote in collaboration with ISRO. Aditya-L1 will be placed in a halo orbit around Lagrangian Point 1 (or L1), which is 1.5 million km away from the Earth in the direction of the sun.

₹4-4.5 lakh, likely to arrive this festive season. This highly anticipated model will be manufactured in India and cater to both domestic and international markets. The teaser provides a glimpse of the silhouette of the upcoming fully-faired motorcycle, which appears to draw design cues from the larger Aprilia RS 660 supersport bike.

Jawan, on the facade of none other than the Burj Khalifa—the world's tallest building. SRK wasn't just the man of the hour; he was the man of towering heights.

equity funds. As per money experts, index investing is the simplest and most cost-effective way to invest in large-cap funds for retail investors. The best part of this approach is that investors do not have to bother about timing the market and can start whenever they are ready after covering their basics.

global slowdown in growth, Marie Diron, managing director for global sovereign and sub-sovereign risk at Moody's Investors Services told CNBC. She also hinted on the possible impact of global economic slowdown on Asia through trade conditions as well as access to financing in the region. She also mentioned that the slowdown can be led by three factors, ie higher interest rates by central banks, China's slow growth, and financial system stresses.

rise in new orders and output pushed manufacturing activity to the second-strongest pace in three years. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose to 58.6 in August compared with 57.2 in July, according to data released Friday. «Robust and accelerated increases in new orders and production suggest that the sector looks set to provide a strong contribution to second quarter (fiscal) economic growth,” said Pollyanna De Lima, Economics Associate Director, S&P Global Market Intelligence. »The PMI results for India painted a vibrant picture of the nation's manufacturing landscape in August," De Lima further added. India’s economic growth strengthened to a four-quarter high of 7.8% in the first quarter, data released earlier this week showed, as the services sector pushed activity. The growth in manufacturing was less pronounced at 4.7% in Q1FY24, compared with 6.1% in the similar quarter last year. Demand strength pushed the new orders to the fastest pace since January 2021, helped by better export performance. «Not only did new export orders increase for the seventeenth month running halfway through the second fiscal quarter, but also to the greatest extent since November 2022,» the release stated, noting that members reported new work from Bangladesh, China, Malaysia, Singapore, Taiwan and the US. Buying levels rose to the fastest level in nearly 12 years, even as input costs rose faster. The increase in charge inflation, or selling prices, was not as fast as input prices as they tried to retain competitiveness.

Prateek Agrawal, Executive Director, Motilal Oswal AMC, says: “We have been positive about the new tech space, especially companies which have committed to turn profitable in the foreseeable future. As long as they stay on the path, the scepticism in the marketplace will slowly evaporate leading to good gains. Coming to growth versus profitability, when you make that transition, that should be expected to happen but as you go deeper into it and if all players in the space act in a disciplined manner, the transition would be smoother.”What do you make of the construct of the market? The party continues in the smallcaps and the midcaps. Is this a rising tide phenomenon or are the gains here to stay?We keep doing the pulse check on the market. Now, two points; one, we believe market levels on the largecap side are sustainable. While midcaps are trading higher than the long period average versus largecaps, they are still seen to be in a sustainable zone. Time correction is what we anticipate. Most of the growth themes that one is glued to at the moment all lie in the midcap space.

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Bharat Heavy Electricals Ltd. (BHEL) surged nearly 8% to hit a fresh 52-week high of Rs130.55 apeice on the National Stock Exchange on Friday, fuelled by investor optimism following improving trend in state-run company’s new order inflows. On 30 August, the company said it has bagged an order for setting up a 2x800 MW Supercritical Thermal Power Project Stage-II at Lara, Chhattisgarh, through international competitive bidding.

Union Sports Minister Anurag Thakur felicitated the International Chess Federation FIDE World Cup 2023 runner-up R Praggnanandhaa and his parents on Friday. Speaking during the felicitation programme, Thakur said, "I congratulate him. He has made India proud.

Neil Pharaoh is a loyal Qantas Platinum frequent flyer who has flown with the airline since he was born. But he’s considering switching to Virgin after half his flights were cancelled or delayed in the past year.

Global funds purchased $1.6 billion of Indian shares on a net basis last month through Aug. 30, according to the latest exchange data compiled by Bloomberg.

Spring has sprung, and so has a new buyout fund.

This is the first in a series of commentaries and analyses that former Wallaby captain Simon Poidevin will write for the Financial Reviewduring the Rugby World Cup in France.

take the medications in the hope they will improve their concentration and ability to get things done. But a new paper suggests that this may be ill-advised. The drugs seem to make people slightly worse at solving problems, not better.

Bajaj Auto Ltd, the two and three-wheeler manufacturer, on Friday reported a 15% year-on-year (YoY) fall in its total sales for the month of August 2023. The company’s total vehicle sales in August 2023 declined to 3,41,648 units from 4,01,595 units in the same month last year. Total domestic sales during the month declined 20% to 2,05,100 units from 2,56,755 units, while exports fell 6% to 1,36,548 units from 1,44,840 units, YoY.