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Services PMI rises to 7-year high at 57.5 in February 2020

What is Services PMI? The Services PMI is compiled by responses to queries sent to around 400 service sector companies in sectors like transport, consumer segment other than retail, information, communication, finance, insurance, real estate and business services. Survey responses are collected in the second half of each month and indicate

Trump Modi Meet 2020

Trump Modi Meet 2020 https://www.dtnext.in/News/TamilNadu/2020/02/22042052/1216470/TrumpModi-meet-A-golden-opportunity-for-nuke-deal-.vpf Consultant , Automic energy Regulatory Board - Mahadeva iyer's Comment on Face book 

India Manufacturing PMI 2020

What is Purchasing Manager Index - PMI? An indicator of the economic health of the manufacturing sector, the Purchasing Managers' Index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment. The headline manufacturing PMI is a composite of five of the survey indices. These

QUIZ FOR THE DAY – 21-02-2020

Today we present infographics on food grain production from 2005 to 2020 (estimated). Today's quiz: a. India has been increasing its food grain production since 2005. TRUE or FALSE b. What is the record food grain production and when was it achieved? So check out this site www.industrialeconomist.com for regular updates. Answer:  a. TRUE b. 291 Million tonnes; 2019 - 20

QUIZ FOR THE DAY – 20-02-2020

Today we present infographics on the current account balance and foreign exchange reserves for India. Today's quiz: a. Do you consider the performance of Current Account Balance healthy or otherwise? b. More exports and fewer imports will help to build foreign exchange reserves. True or False  So check out this site www.industrialeconomist.com for regular updates. Answer:  a. Healthy b. True

Tax matters

Largely a tax non-compliance society... “There are many professionals across the country - lawyers, doctors and chartered accountants, But it was unbelievable but true that only 2200 professionals in the country had declared earnings of Rs 1 crore per annum.” "In the last five years, more than 1.5 crore cars have been

QUIZ FOR THE DAY – 13-02-2020

Today we present infographics of KBK Graphics on Receipts, expenditure and deficit trends for budget 2020-21. It has got a lot of data. Please check your familiarity with simple facts.  Today's quiz.  a. There are three types of budget, balanced budget, surplus budget and deficit budget. Our union budget comes under which category? b. When

Reviving up performance of PSUs…

The Public Enterprises Survey tabled in the parliament pointed to the PSUs profit rising by 15.5 per cent during 2018-19. Also, it mentioned IOC, NTPC and ONGC as the PSUs that ranked the top 3 in making profits. MTNL, BSNL and Air India were the PSUs that recorded the most

QUIZ FOR THE DAY – 12-02-2020

Today we present infographics of KBK Graphics on Railway Budget. It has got a lot of data and was presented along with the general union budget by the finance minister. Please check your familiarity with simple facts.  Today's quiz.  a. When was the last Railway Budget presented, separately, in parliament? b. In 2020 railway budget,

QUIZ FOR THE DAY – 11-02-2020

Today we present infographics of KBK Graphics on Union Budget Highlights.  It has got a lot of data and is a ready reckoner for the budget tabled. Please check your familiarity with simple facts.  Today's quiz.  a. A steady source of money to the government from individuals is better known as ____________ b. Who has the

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