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India’s manufacturing sector growth hits 8-month high in Mar: PMI

New Delhi, Apr 2 (PTI) India’s manufacturing sector growth rose to an eight-month high in March, driven by quicker increases in factory orders and production amid buoyant demand conditions, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) was at 58.1 in March, up from 56.3 in February, indicating a substantial improvement in the health of the sector that was above its long-run average. In February, India’s manufacturing PMI fell to a 14-month low amid softer increase in new orders and production. In PMI parlance, a print above 50 means expansion, while a

Lok Sabha begins discussion on Waqf (Amendment) Bill, 2025

New Delhi [India], April 2 (ANI): Lok Sabha on Wednesday took up for consideration the Waqf (Amendment) Bill, 2025, which incorporates suggestions made by the Joint Parliamentary Committee that examined the bill tabled in Parliament in August last year. The House also took up the Mussalman Wakf (Repeal) Bill, 2024 for consideration and passing. Minority Affairs Minister Kiren Rijiju moved the two bills for passing in the House. Congress member KC Venugopal accused the government of trying to bulldoze the bill, saying that they had not been given enough time to move their amendments. “You are bulldozing the legislation, you

Waqf Bill won’t benefit Muslims, says senior AIMPLB official

Lucknow/Varanasii, Apr 2 (PTI) All India Muslim Personal Law Board (AIMPLB) has expressed strong opposition to the Waqf (Amendment) Bill, stating that it would be detrimental rather than beneficial for Muslims. “The AIMPLB and other Muslim organisations have conveyed their concerns over the Bill to the Joint Parliamentary Committee (JPC), but they were not considered. Following this, protests were held in cities, including Delhi and Patna, where demonstrators symbolically wore black bands to emphasise their dissent,” senior executive member AIMPLB Maulana Khalid Rashi Farangi Mahali told PTI on Wednesday. It would be detrimental rather than beneficial for Muslims, he said.

Rupee falls 23 paise to 85.73 against US dollar in early trade

Mumbai, Apr 2 (PTI) The rupee depreciated 23 paise to 85.73 against the US dollar in early trade on Wednesday, weighed down by rising crude prices and escalating concerns over reciprocal tariffs. Forex traders said the Indian rupee opened on a weak note on Wednesday, the first trading session of the fiscal year 2025-26, over Trump’s reciprocal tariffs concerns with investors watching out for how it will affect the country. At the interbank foreign exchange, the rupee opened at 85.65 against the greenback, then lost ground and touched 85.73, down 23 paise from its previous close. On Friday, the rupee

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