India's manufacturing PMI at 4-month high in April on output & new orders' growth
India's factory activity expanded at its quickest pace in four months in April, driven by solid growth in new orders and output, a private survey showed on Monday, signaling resilient demand and an encouraging outlook. The survey results suggest India will continue to be one of the fastest-growing major economies despite slowing global growth that has undermined momentum across several other countries. Key Points
Economic TimesPVR-Inox share price: Should investors buy this multiplex stock despite Adipurush's muted performance?
The movie 'Adipurush' has received mixed reviews and is likely to have an impact on the revenue of PVR-Inox, according to analysts. However, the brokerage remains optimistic about PVR-Inox's stock due to an improving content lineup in the coming quarters of FY24. Key Points
mintYes Bank expects continuous improvement in NIM: Prashant Kumar
Yes Bank slippages, both for the quarter sequentially and also YoY, have come down almost 25%. This year, the slippage is in the range of 2.5%. Going forward, we would be able to control the slippages between 1% and 1.5%, not more than that. Because continuously, our SMA-2 number, which is 61-90 days, are improving. Key Points
Economic TimesMore playtime outside, limiting online gaming help China fight kids’ sedentary behaviour
Findings are based on surveillance data gathered from more than 7,000 primary and secondary school students. In a world-first, China’s recent laws... Key Points
The Tribune IndiaSundaram Finance Q4 standalone rises 6% to ₹316 cr.
Sundaram Finance Ltd., reported standalone net profit for the fourth-quarter ended March grew 6% year-on-year to ₹316 crore on improving asset quality and tight cost control. Key Points
The Hindu
India’s manufacturing PMI hits 4-month high in April on new orders, favourable market conditions
The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) increased from 56.4 in March to 57.2 in April, indicating the fastest improvement in the health of the sector so far this year. Key Points
Financialexpress