The HSBC India manufacturing PMI dropped to 56.3 in February from 57.7 in January. Last month’s reading is the lowest in 14 months. Local demand seems to have cooled, which led order books filling up with less vigour. Also Read: Wrong target: Why should an AI workflow tracker evoke outrage? On the brighter side, overseas…
Also Read: Mint Quick Edit | Trump’s at it again, sending mixed signals This a rudimentary game of ‘chicken,’ which is often referred to in ‘game theory’ made famous by John von Neumann and Oskar Morgenstern. Now, let us put names to the players. A is Donald Trump, who has made his intentions clear. B…
Although Indian officials are pushing for a similar negotiating arrangement with the UK, the British have not yet agreed to this request, the people cited above said. Negotiations on the Carbon Border Adjustment Mechanism (CBAM)—which proposes taxing imports of carbon-intensive products such as iron and steel, cement, aluminium and fertilizer—were earlier kept out of the…
