Daily News Analysis

Purchasing Manager’s Index

04 Oct,2023 Download Pdf 3 Min Read

Purchasing Manager’s Index

It is an index that reflects the prevailing direction of economic trends in the manufacturing and service sectors.
It has a diffusion index that summarizes whether market conditions are expanding, staying the same, or contracting as viewed by purchasing managers.
It is a monthly survey released by the Institute for Supply Management (ISM), of supply chain managers across 19 industries, covering both upstream and downstream activity.
The PMI is based on five major survey areas, all are weighed equally:
1. New orders
2. Inventory levels
3. Production
4. Supplier deliveries
5. Employment
A PMI above 50 represents an expansion and under 50 represents a contraction when compared with the previous month.

INS Nistar

The Nistar is India’s first indigenously designed and constructed Diving Support Vessel, marking a step forward in the country’s naval self-reliance. Key Highlights of the Nistar:

Share It

National Commission for Minorities (NCM)

The National Commission for Minorities is currently facing a leadership vacuum. Since the retirement of the previous Chairperson and members in April 2025, the Commission is awaiting the appointme

Share It

North Eastern Region (NER) District Sustainable Development Goals (SDG) Index Report (2023-24)

The second edition of the North Eastern Region (NER) District Sustainable Development Goals (SDG) Index Report was recently released by NITI Aayog, in collaboration with the Ministry of Developmen

Share It

Corporate Average Fuel Efficiency

The study by Nomura researchers calls for reform of India’s Corporate Average Fuel Efficiency (CAFE) norms, particularly to better protect small cars. Key Highlights of the Study: 1.

Share It

Delhi’s Fuel Ban for Old Vehicles

The Delhi Government has faced considerable backlash following its fuel ban for old vehicles under a directive from the Commission for Air Quality Management (CAQM). The ban was implemented to cur

Share It

India State of Forest Report (ISFR) 2023

The India State of Forest Report (ISFR) 2023 has sparked controversy by attributing part of the negative change in forest cover to the Forest Rights Act (FRA), 2006. The claim has been contested b

Share It

International Treaty on Plant Genetic Resources for Food and Agriculture

The International Treaty on Plant Genetic Resources for Food and Agriculture (ITPGRFA) is a crucial international agreement that plays a key role in the conservation and sustainable use of plant g

Share It

Green Climate Fund (GCF)

The Green Climate Fund (GCF) has recently approved over USD 120 million to support climate resilience projects in Ghana, the Maldives, and Mauritania. This funding aims to assist these countries i

Share It

Quad Critical Minerals Initiative

The Quad Critical Minerals Initiative launched by the United States, India, Australia, and Japan marks a significant shift in global geopolitics and economic strategy, especially with regard to cr

Share It

NITI Aayog's Proposal

NITI Aayog's proposed roadmap to boost India's chemical exports is a significant step toward enhancing the country's position in global chemical supply chains and addressing existing i

Share It