Search For "iip"
India's industrial production growth reached to 4.8 pc in July 2024, up fr
Updated : 1 year, 6 months ago IST
The manufacturing and electricity sectors were significant drivers of this growth, with electricity posting a 7.9 per cent increase and manufacturing recording a 4.6 per cent rise. The mining sector also contributed, growing by 3.7 per cent in the same period.
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India's Manufacturing and services sector's performance reflected in Purch
Updated : 1 year, 6 months ago IST
The Purchasing Managers' Index (PMI) for Manufacturing, stood at 58.1 in July 2024. This figure is not only significantly above the long-term average but also among the highest recorded in recent years. The sector's expansion has been primarily driven by strong demand and a surge in producti
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Experts welcome moderation of inflation in July, but warns of continued in
Updated : 1 year, 7 months ago IST
Rajani Sinha, Chief Economist at CareEdge, noted, "Despite the moderation in the inflation of the food and beverage basket when compared to last year, the sequential momentum remains strong, with a 2.5 per cent M-o-M increase in prices, higher than an average sequential grow."
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CPI inflation down, but road ahead could be bumpy: SBI Report
Updated : 1 year, 7 months ago IST
The SBI's latest report highlights that the once-dominant "Follow the Fed" mantra appears to be waning, with an increasing number of central banks prioritizing domestic economic conditions over synchronizing with U.S. rate decisions, signalling a shift in global monetary policy dynamics.
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India's IIP grows at 4.2 pc in June'24 up from 4pc in June'23 but declines
Updated : 1 year, 7 months ago IST
For June 2024, the Quick Estimates placed the IIP at 150.0, up from 143.9 in June 2023. This increase was largely driven by robust performances in key sectors. The mining sector, for instance, registered an index of 134.9, reflecting a substantial year-on-year growth rate of 10.3 per cent.
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Stock market to focus on global cues in coming week: Experts
Updated : 1 year, 7 months ago IST
The stock market in the upcoming week will be looking at global happenings such as international market performance, anticipations of recession in the US, and domestic macroeconomic indicators such as IIP, CPI, and WPI inflation data, said market analysts.
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RBI sees a positive shift in FPI's flows in the domestic market, USD 9.7 b
Updated : 1 year, 7 months ago IST
Governor Das said, "On the external financing side, foreign portfolio investors turned net buyers in the domestic market from June 2024 with net inflows of USD 9.7 billion during June-August (till August 6) after witnessing outflows of USD 4.2 billion in April and May."
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Industrial activity is expected to gain support from domestic consumption
Updated : 1 year, 8 months ago IST
The Index of Industrial Production (IIP) increased by 5.9 per cent year-on-year in May, up from 5.0 per cent in April, reflecting a healthy surge in industrial activity.
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Inflation is highest in Odisha at 7.22 pc followed by Bihar and Karnataka:
Updated : 1 year, 8 months ago IST
Odisha recorded the highest inflation at 7.22 per cent, followed closely by Bihar at 6.37 per cent and Karnataka at 5.98 per cent. This divergence highlights regional economic disparities as the country grapples with rising prices.
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India's industrial output records 5.9% growth in May
Updated : 1 year, 8 months ago IST
India's Index of Industrial Production (IIP) for May stood at 5.9 per cent, up from 5.7 per cent for the same period a year ago, according to data released by the Ministry of Statistics and Programme Implementation on Friday.
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Admissions Underway for B.Tech Programmes at the Indian Institute of Petro
Updated : 1 year, 8 months ago IST
Visakhapatnam (Andhra Pradesh) [India], June 20: The Indian Institute of Petroleum and Energy (IIPE), recognised as an 'Institute of National Importance' by the Government of India (GoI), has commenced admissions for its four-year B.Tech programmes in Petroleum Engineering, Chemical Engineer
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India's industrial output grows 5 pc in April; strong activity in mining,
Updated : 1 year, 9 months ago IST
India's Index of Industrial Production (IIP) for month of April stood at 5.0 per cent, up from 4.6 per cent a year ago in 2023, as per the data released by the Ministry of Statistics and Programme Implementation.
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