Index Of Industrial Production

One reason for decline is muted domestic demand, particularly in rural areas due to high inflation

Credit rating agency Acuite Ratings & Research on Monday reiterated its forecast of Indian gross domestic product (GDP) growth at 7 per cent for FY23.

Infrastructure goods and capital goods grew at a robust 8.1 per cent and 10.95 per cent, respectively

Mining output rose by 9.8 per cent and power generation increased by 10.4 per cent during the month under review

RBI Governor Shaktikanta Das in his latest monetary policy statement had expressed concern over "sticky and elevated" core inflation, holding that the battle against inflation was not over yet

The mining output rose by 9.7 per cent and power generation increased by 12.7 per cent during the month under review

India's industrial production grew 3.1 per cent in September, according to official data released on Friday. The Index of Industrial Production (IIP) had grown 4.4 per cent in September 2021. As per the IIP data released by the National Statistical Office (NSO), the manufacturing sector's output grew by 1.8 per cent in September 2022. The mining output rose 4.6 per cent and power generation increased 11.6 per cent during the month.

IIP shrinks 0.8% in Aug - a first in 17 months

Electricity output has grown around 11%; consumer durables and non-durables have contracted 6.7% and 2.4%, respectively

FinMin blames adverse base effect, increase in food and fuel prices

India plans to pay about Rs 20,000 crore ($2.5 billion) to the state-run fuel retailers, such as Indian Oil Corp., to partly compensate them for losses and keep a check on cooking gas prices

At the MPC's estimate of 16.2%, the economy would have grown 6.1% over the corresponding quarter of 2019-20

Industrial production growth zoomed to 19.6% in May, as per the National Statistical Office (NSO) data.

According to MPC's own projections, the inflation rate may not come down below 6% on average before the fourth quarter of the current financial year

Electricity output rose to double digits in April

At the interbank foreign exchange, the rupee opened at 77.35 against the American dollar, then gained further ground to quote at 77.31, registering a rise of 19 paise from the last close

Mining grew at a faster 4.5% in February, from 2.8% in Jan; Mfg growth slipped to 0.8% from 1.1%

CLOSING BELL: Axis Bank, Kotak Bank, Maruti Suzuki, Power Grid, SBI Life, and ICICI Bank were the top winners on the benchmark indices, rising upwards of 0.5 per cent each

Rising pricing pressure in clothing and footwear (8.3%) and fuel group (10.95%) contributed to the rise in retail inflation while food prices rose to 4.05%

The index had risen 4.5 per cent in October last year against 1 per cent in the previous month