Slowdown in business activity pulls flash PMI to its lowest levels in 2024

A slowdown in business activity of both the manufacturing and services sector pulled down the expansion of India’s private sector economy in September, according to a survey by HSBC on Monday.  According to the survey carried out by the global banker, the headline flash composite Purchasing Managers’ Index (PMI) figure declined to 59.3 in September, […]

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September seeing 2024’s slowest uptick in business activity:

HSBC Flash India Composite PMI drops to 59.3 this month from 60.7 in August: India’s private sector business activity levels expanded at the mildest pace in nine months this September, with output, new orders and export deals clocking the softest upticks so far in 2024, as per the HSBC Flash India Composite PMI Output Index, […]

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I don’t think entrepreneurship is risky: B-school founder Pratham Mittal

Looking at the reception that he has got for his recently inaugurated Tetr College of Business, a B-school based on experiential learning, the entrepreneur thinks students and parents are ready for something innovative in education. Of the 40 courses taught at one of the top 10 business schools in the world, only one caught Pratham […]

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US October 2024 visa bulletin: India’s EB-5 category advances by a year

The financial year 2025 has started with mixed news for those in the green card queue. The Department of State has released the October 2024 Visa Bulletin, providing a snapshot of immigrant visas available for the first month of financial year 2025. Notably, the Final Action date for the China EB-3 category has been pushed […]

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China services trade fair offers opportunities for global businesses

Eyeing China’s huge market, global companies are attending a major services trade fair in Beijing to explore business opportunities in the world’s second-largest economy. Over 450 Fortune 500 enterprises and companies taking the lead in their respective industries, as well as 85 countries and international organizations, are represented at the 2024 China International Fair for […]

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Thailand to Launch Mandatory ETA for 93 Visa-Exempt Countries

Thailand is set to launch a new Electronic Travel Authorization (ETA) system for visa-exempt travelers. Starting from December 2024, visitors entering by air, land, or sea will need to obtain an ETA. The system aims to enhance security and streamline entry procedures, with confirmation typically issued within 24 hours. The Ministry of Foreign Affairs of […]

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Gujarat replaces UP as top investment destination in 2023-24

In 2023-24, Gujarat surpassed Uttar Pradesh in attracting bank funds for projects. Gujarat secured funding for 154 projects, accounting for 14.7% of the total Rs.3.9 lakh crores financed, up from 14% in the previous year. Uttar Pradesh, which received funds for 69 projects, saw its share drop to 7.6% from 16.2%. Gujarat replaced Uttar Pradesh […]

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