Industrial Sector
India’s Core Sector Sees Growth Surge to 6.1% in July
However, Base Metals did well with the Index of Eight Core Sector Industries, which essentially gauges the output of cement, coal, crude oil, electricity, fertilizers, natural gas, refinery products, and steel that account for 40 percent of the Index of Industrial Production, or IIP. In July, steel output reached a three-month high of 7.2 percent against 6.7 percent last month.
Action to be Taken Against CEO Following Assault Allegations, Assures Naveen Jindal
The woman detailed her experience in a social media post on X, describing an incident that occurred on an Etihad flight from Calcutta to Abu Dhabi, with a subsequent transit to Boston.
India's Industrial Output Surges by 5.7% in February
Of particular significance is the performance of the manufacturing sector, which serves as a crucial source of employment for recent engineering and university graduates. This sector recorded a solid growth rate of 5 percent during the same period.
January Sees Manufacturing Growth Reach Four-Month High Amid Sustained Strong Demand
The Manufacturing PMI rose to 56.9 in January from 54.9 the previous month, and the services industry also saw an acceleration in activity, with its PMI rising to 61.2 from 59.0 in December.
Dec 2023 Witnesses 14-Month Low as Key Infrastructure Sectors Experience Slower Growth at 3.8%
Compared to the robust 7.9 percent growth in November and 8.3 percent in December 2022, the core sector, encompassing coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity, experienced a significant slowdown. The last recorded low was at 0.9 percent in October 2022.
India's Industrial Production Surges by 5.8% in September
The manufacturing sector, crucial for generating employment opportunities for recent engineering and college graduates, exhibited a more moderate growth of 4.5 percent.
DRI Conducts Searches at Havells India Office
Havells India confirmed that the search operation was carried out by the DRI, an agency responsible for curbing smuggling and investigating cases of commercial fraud.
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