New Delhi [India], June 14 (ANI): The annual rate of inflation based on monthly wholesale price index (WPI) hit a high of 12.94 per cent in May as compared to negative 3.37 per cent in the same month of previous year, data released by the government on Monday showed.
New Delhi [India], June 12 (ANI): India's index of industrial production (IIP) rose a whopping 134.44 per cent year-on-year to 126.6 in April due to a very low base in the same month last year, as per the data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Fri
New Delhi [India], May 31 (ANI): The output of eight core infrastructure sectors rose by 56 per cent in April due to a low base effect, government data released on Monday showed.
Mumbai (Maharashtra) [India], May 12 (ANI): India Ratings and Research (Ind-Ra) has said the 51.5 per cent year-on-year growth in India's pharmaceutical market during April was led by a low base effect as the market declined by 10.2 per cent in April 2020 due to Covid-19 lockdown.
Mumbai (Maharashtra) [India], May 8 (ANI): The lockdowns on account of an increase in Covid-19 cases in various states can impact all-India energy demand growth recovery in 1Q FY22 although demand is expected to be higher due to lower base effect, according to India Ratings and Research (Ind
New Delhi [India], Dec 16 (ANI): Amid a significant increase in the export numbers for November, credit-rating body ICRA has noted that while the high growth comes as a relief following the contraction in the previous month, it partly reflects higher commodity prices as well as a favourable