Why business expectations are so tepid despite recovery in Indian economy

The government cannot let the recovery in the Indian economy take its own sweet time, not with the elections less than a year away. Photo: Mint The Nikkei India Composite PMI Output index, a gauge of private sector economic activity in both the manufacturing and services sectors, came in at a strong 54.2 for July, up from 52.6 in June. A reading above 50 denotes expansion, while one below 50 indicates contraction from the previous month. As Chart 1 shows, the composite PMI (Purchasing Managers’ Index) is at its highest level…

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iPhone X Sales ‘Surpass Expectations’ in Apple’s Biggest Ever Quarter

HIGHLIGHTS Apple’s revenue increased by 13 percent to reach $88.3 billion iPhone X our top-selling iPhone every week since November: CEO Overall iPhone sales were about a million fewer than last year Apple on Thursday said its earnings in the final three months of last year set new records, with sales of its flagship iPhone X topping its expectations. The California-based technology giant reported that profit climbed to $20 billion (roughly Rs. 1.28 lakh crores) on revenue that increased 13 percent to $88.3 billion (roughly Rs. 5.66 lakh crores) during the period. “We’re…

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4 Expectations for Online Education in 2018

As more students seek flexible alternatives to traditional, on-campus courses, online education continues to evolve. Among other trends, 2017 saw the proliferation of smaller credentials beyond online degrees, rising online course enrollment at nonprofit universities and the use of big data to track student performance. And there’s plenty more in store for 2018, experts say. Here are four trends in online higher education that prospective students should watch this year. 1. Continued overall enrollment growth: The number of U.S. students who enrolled in at least one online course rose by 5.6 percent between fall 2015…

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