Strongest improvement in manufacturing conditions since December 2012: Nikkei India Manufacturing PMI

02 January, 2018, 11:50 | Author: Franklin Nunez
  • Operating conditions for manufacturing best in 5 years during December: Nikkei PMI

The National Bureau of Statistics reported that the country's manufacturing purchasing managers' index fell to 51.6 from 51.8 in November.

The manufacturing sector grew in December, setting a new record as business conditions improved at a record pace, a new survey showed.

The World Bank last month raised its projection for China's gross domestic product (GDP) previous year to 6.8%, up from its October estimate of 6.7%, citing support from strong exports and robust domestic household consumption.

The manufacturing sector employed less people as the sub-index of employment dropped 0.3 percentage points month on month to 48.5 in December. In response to greater inflows of new business, job creation quickened to the greatest since August 2012.

Georgia Bulldogs advance to National Championship
Earlier this week, OU quarterback Baker Mayfield had to sit out from several team events in California due to an illness. The 104th Rose Bowl was also the highest-scoring, surpassing last year's 52-49 USC victory against Penn State.

A trend of synchronised global growth that became apparent over the course of a year ago looked set to continue, with activity surveys in the euro zone and the United States later in the day expected to post strong readings.

New orders placed at Indian manufacturers rose for the second month in succession during December.

Ai Group chief executive Innes Willox said the expansion added momentum to a year marked by higher energy prices and the shutdown of Holden and Toyota vehicle production in Australia. According to anecdotal evidence, new business inflows were underpinned by greater demand from home and global markets.

"Interestingly, the wages component dipped in December, but at 60.2 it does point to the prospect of some pick-up in wages growth", Mr Oliver said. Anecdotal evidence pointed to stronger market demand from home and worldwide markets.

Supermoon to Mark First Day of 2018
For those still nursing a hangover the night of January 1, an even more intriguing supermoon will rise the night of January 31. The lunar eclipse, as Quartz reports, will begin at 11:48 am UTC and reach its maximum at 1:30 pm UTC.

However, input costs rose at their fastest pace in nine months, as prices for raw materials rose. "As consumer spending recuperates, firms were restricted in their ability to pass on higher cost burdens to clients which further placed upward pressure on firms' margins".

Another major tech producer, Taiwan, saw manufacturing activity hitting its highest since April 2011 at 56.6 last month, according to a December survey.

"Challenges remain as the economy adjusts to recent shocks, but the overall upturn was robust compared to the trend observed for the survey history", Dodhia said.

Raiders going after Jon Gruden, offer him stake in team
Among the perks the Raiders are said to be throwing at Gruden is a partial ownership stake in the team, which is unprecedented. A healthy Derek Carr was primed to bring his team back to the promised land after so much wandering in the desert.

Recommended:

  • John Fox not likely to return to Chicago Bears after season

    John Fox not likely to return to Chicago Bears after season

    A loss that night would have left the Vikings tied for third place in the division, before a home game against the 4-1 Packers . TE Kyle Rudolph, bothered by an ankle injury the past three weeks, wore a walking boot in the locker room after the game.
    Henderson's Methodist Hospital sets visitation restrictions due to flu

    Henderson's Methodist Hospital sets visitation restrictions due to flu

    Influenza researchers have blamed this decreased effectiveness on the most common process of vaccine manufacturing, which uses chicken eggs.
    Apple Not Happy With Clothing Company Using The Name Steve Jobs

    Apple Not Happy With Clothing Company Using The Name Steve Jobs

    They are the owners of the company " Steve Jobs ", a clothing and accessory line named after Apple's iconic founder. And the court does not seem to find fault with it, much to the chagrin of Apple that had sued the firm.
  • Pulwama Encounter: Four CRPF men, two militants killed

    Pulwama Encounter: Four CRPF men, two militants killed

    Meanwhile, Jaish-e-Mohammad (JeM) militant outfit has claimed responsibility for the fidayeen attack. The injured were rushed to Army base hospital where five of them succumbed, sources said.
    Big Ten Bowl Preview: 2017 Playstation Fiesta Bowl

    Big Ten Bowl Preview: 2017 Playstation Fiesta Bowl

    Penn State scored a pair of touchdowns in the first quarter and completely shut down Washington until late in the opening frame. The Huskies enter as the fifth best team in total defense (tops in the Pac-12), allowing just 277 yards per game .
    Turkey, Russia Sign Loan Agreement for S-400 Missile System Sale

    Turkey, Russia Sign Loan Agreement for S-400 Missile System Sale

    Previously it was announced that the delivery of the S-400 Triumf systems was scheduled to start in late 2019 or early 2020. Turkish newspapers report Erdoğan plans to pay 45% up front and borrow the rest in loans from Russian Federation .
  • Guardiola expects up to two months out for Jesus

    Guardiola expects up to two months out for Jesus

    In Wenger's record 811th game in charge, James McClean deflected in Alexis Sanchez's 83rd-minute free kick to put Arsenal ahead. We know how strong physically it is England but teams miss big players, not just Manchester City.
    Licking County under Winter Weather Advisory

    Licking County under Winter Weather Advisory

    While it will be sunny each day, it's going to feel much cooler with those wind chills staying below zero. Temperatures are forecasted to reach only a high near 18 and drop to the single-digits by evening.

    Former Milan, PSG player George Weah elected Liberia president by wide margin

    Rather, he encouraged youths to learn the spirit of persistence as seen in the life of Liberia's president-elect, George Weah . Weah had run in the country's last two elections, winning the first round of the 2005 vote that eventually went to Sirleaf.
  • Instagram rolling out 'recommended' feature for all

    Instagram rolling out 'recommended' feature for all

    As always, every time there is a major change in the way an app works, there is major backlash to the new functionality. Identifies the most important demographic changes that advertisers should monitor as social platforms continue to grow.
    'Make America Gay Again' banner hung near VP Pence's Aspen home

    'Make America Gay Again' banner hung near VP Pence's Aspen home

    Vice President Mike Pence and his wife have spent the past week at their residence in Aspen, Colorado . This isn't the first time that Pence has been greeted with LGBT pride messages.
    Former Royals closer Wade Davis off to Colorado Rockies

    Former Royals closer Wade Davis off to Colorado Rockies

    They opted for the latter of those two agreeing to a three-year deal for the $32 year-old on Friday worth $52 million. Holland faded dramatically in the second half of last season, while Davis was a one-man bullpen for the Cubs.


Popular

Aanand L Rai opens up about working with SRK in 'Zero'
He is now shooting for the period drama Thugs Of Hindostan , also starring Katrina Kaif , Amitabh Bachchan and Fatima Sana Shaikh. Rai is popular for producing and directing films which are based on unconventional and often taboo topics.

Dangerous Cold To Start 2018
Amid the cold conditions, Wasula said people should make an effort to "not stay out too long" but be prepared if getting out. Feel like temps once again dip into the negatives Monday night as actual lows plunge into the single digits.

LG Unveils 88-Inch 8K OLED TV, First In The World
Fellow South Korean electronics rival Samsung has an 88-inch TV, but it's both just 4K and QLED technology (OLED is better). LGD said it uses its in-house innovations in panel design and fine processing to create 8K resolution OLED displays.

NY fast-food workers get latest minimum wage increase
The new minimum wage would result in an Irish worker taking home a gross income of €1,613.95 per month, and €1,521.57 after tax. The minimum wage rule also applies to local chains that operate at least 30 locations in NY .

Without Warning, Trump Fires All Members Of HIV/AIDS Council
The June op-ed, in which Scott Schoettes outlined his reasons for resigning, was headlined: "Trump doesn't care about HIV". The council is made up of doctors, members of industry, members of the community and people living with the disease.

Erica Garner, Activist Daughter Of Eric Garner, Dies At 27
Family members were being called to Woodhull Hospital early Thursday morning to say their final goodbyes to the young activist. A message posted on her Twitter account said she had brain damage "from lack of oxygen while in cardiac arrest".

Scientists Slam Trump Tweet on 'Good Old Global Warming'
Trump's tweets have caused an online backlash, with many Twitter users pointing out the difference between weather and climate. However, parts of Alaska and western Canada often see drastically low temperatures this time of year.

Could Meghan Markle have been next Bond girl?
Their dad Thomas Markle Sr, who lives in Mexico and is yet to meet Harry, would be "extremely hurt" by the comments, he added. Grant took to Twitter to vent her anger.

Terrorists Attack Coptic Church in Cairo, at Least Eight Killed
The Times notes another incident was reported on Friday involving a gun attack in Helwan at an appliance shop owned by a Copt. According to the BBC , Egyptian police patrolling near the church approached two men who were behaving suspiciously.

Beyoncé Accepts Jay-Z's Cheating Confession In New "Family Feud" Video Teaser
In the church scenes, Beyoncé waits for him at the altar while he walks with 5-year-old Blue Ivy . The next thing we know Hova is in the confessional opposite his very angry-looking wife.