The ICI measures the combined and individual performance of the production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index
Mumbai (Maharashtra) [India], January 11: The Indian Institute of Packaging organized the INDIASTAR and PACMACHINE 2024, the National Recognition for packaging Excellence. The grand Presentation ceremony is being held on 10thJanuary, 2025 at NESCO Centre, Goregaon, Mumbai. Around 450 members
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.
The domestic stock markets, in the upcoming week, will focus their attention on the earnings of companies, foreign portfolio investments (FPI) data, a host of economic data, Fiscal Year GDP Growth, Index of Industrial Production (IIP), and other global cues, according to the market experts.
India's Index of Eight Core Industries (ICI) rose by 4.3 percent (provisional) in November 2024 compared to the same month in 2023, according to the data released by Ministry of Commerce & Industry on Tuesday.
The manufacturing sector demonstrated resilience, with 18 out of 23 industry groups at the 2-digit NIC level recording positive growth compared to October 2023. The overall Quick Estimate of IIP for October 2024 stood at 149.9, a noticeable increase from 144.9 in October 2023.
In the absence of any major triggers in the stock market, the participants will keenly have their eyes on the macroeconomic indicators like IIP and CPI inflation, starting from Monday, as per the market analysts.
The overall index rose to 146.7, compared to 142.3 in September 2023, showcasing a strong performance across several key industries, with manufacturing leading the way.
India's Index of Eight Core Industries (ICI) registered a growth of 2 per cent in September this year, compared to the same month last year, the Ministry of Commerce and Industry said on Wednesday.
The decline in the India's industrial production for August 2024 is mainly due to base effects and heavy rainfall, which impacted key sectors, highlighted a report by SBI.