Global manufacturing and services PMIs data in the week were mostly disappointing. Composite PMI data of the Euro-zone, Germany, the UK, and the US lagged the forecast and edged lower from their respective prior readings. Germany’s IFO business climate data for May at 87.30 fell short of the forecast of 88 and was lower than the previous reading of 88.60.
Govt to provide access to certain data, maps from PM Gati Shakti portal to pvt sector
The government will provide data and maps from the PM Gati Shakti portal to the private sector, enabling better infrastructure planning and optimization of logistics.