The Index of Industrial Production (IIP) in India rose 4.2 per cent in June on an annual basis as against 6.2 per cent in May, revealed the data provided by the Ministry of Statistics and Programme Implementation (MoSPI) on Monday. The factory output growth measured in terms of the Index of Industrial Production (IIP) had …
Stock Market News: Domestic benchmark equity indices, the Sensex and the Nifty 50, started Wednesday’s trading session with modest gains driven by ITC stock, positive global cues, and steady inflation data. ITC recorded its largest one-day gain since September 2021, up more than 6% amid reports of a block deal in the firm, with British …
NEW DELHI :The output of eight core infrastructure sectors, which accounts for two-fifths of India’s industrial output, expanded by 3.8% in December—the slowest monthly pace in 14 months. Core sector output grew at a revised 8.3% in December 2022. The latest core sector data show that coal supported the core industries’ output with a double-digit …
Image Source : PEXELS A man standing near gray metal equipment in a factory India’s industrial production (IIP) rose by 5.7% in July 2023, compared to a growth of 4.0% in the same month a year ago. This is the highest IIP growth rate in the current financial year. The growth in IIP was broad-based, …
Image Source: FILE India Records A Low of 4.25% Retail Inflation in May According to the latest government announcement, India’s retail inflation rate declined to 4.25 percent in May, due to the drop in food and fuel prices. This figure follows April’s inflation rate of 4.7 percent and May 2022’s rate of 7.04 percent, as …