Export-Import Bank of India [Exim Bank] has, on behalf of the Government of India, extended a Line of Credit [LOC] of USD 500 million to the Government of the Socialist Republic of Sri Lanka for financing purchase of Petroleum products.
Indias services sector continued to expand in January 2022, albeit at a much slower rate than the previous month, as the sectors Purchasing Managers Index (PMI) fell to a six-month low of 51.5 from 55.5 in December 2021, data released on February 3 showed. A PMI reading above 50 shows expansion in activity, and one below 50 indicates contraction. IHS Markit, the indexs compiler, said […]
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