India's Index of Industrial Production (IIP), a measure of industrial output, recorded a growth of 5.0 per cent compared to the same month last year, as per the quick estimates released by the Ministry of Statistics and Programme Implementation on Wednesday.
India has produced record rice, wheat, and maize in the 2024-25 kharif season, as per Ministry of Agriculture and Farmers' Welfare's second advance estimates of production of major agricultural crops.
Sao said that the draft of the Chhattisgarh Appropriation Bill-2025 was approved for the presentation of the Third Supplementary Estimates for the financial year 2024-2025 in the Assembly.
The Mahakumbh is boosting local trade with a surge in demand for Mahakumbh-themed products like diaries, calendars, jute bags, and stationery. Sales are reported to have increased due to meticulous branding.
The Indian economy grew by 5.4 per cent in real terms in the July-September quarter of the current financial year 2024-25. The quarterly growth was much lower than RBI's forecast of 7 per cent. In the April-June quarter too, India's GDP grew at a slower pace than was estimated by the central
The Index of Industrial Production (IIP) grew 3.2 per cent in December which was 5.2 per cent the month prior, quick estimates released by the statistics ministry showed Wednesday.
UBI stated, "MPC revised FY25 growth projection to 6.4 per cent from 6.6 per cent previously even as it projects recovery to 6.7 per cent in FY26. We see downside risk to 6.4 per cent growth forecast for FY25 as it assumes Dec'24 quarter growth above 6.5 per cent while its tracking close to
On the inflation front, RBI expects Consumer Price Index (CPI) inflation to ease to 4.8 per cent in FY25, with Q4 FY25 inflation projected at 4.4 per cent. For FY26, inflation is forecasted at 4.2 per cent, with quarterly estimates as Q1 FY26: 4.5 per cent, Q2 FY26: 4.0 per cent, Q3 FY26:
The subsidy burden of the government is expected to rise to approximately Rs 4.1-4.2 lakh crore in the financial year 2024-25 (FY25) more than the budget estimates, according to a report by the Bank of Baroda.
Sugarcane production in the country declined by 14 per cent in the sugar season year (SSY) 2025 compared to last year, which may lead to missing the estimates for SSY25, says a report by Centrum.
India's industrial sector is expected to grow at a slower pace of 6.2 per cent in FY25 compared to 9.5 per cent in FY24, as per advance estimates, primarily due to the base effect and a subdued manufacturing performance in the first half, according to Bank of Baroda report.
The Index of Industrial Production (IIP) growth rate for the month of November 2024 is 5.2 per cent, which was 3.5 per cent the month prior, quick estimates released by the Ministry of Statistics and Programme Implementation showed Friday.