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.
According to CRISIL report, the increase in food prices, particularly vegetables, cereals, milk, and fruits, has been a significant contributor to this uptick.
The detailed index numbers and inflation rates for 'All Commodities' and the major components of WPI for the last three months show that the WPI for all commodities (weight 100 per cent) increased from 152.9 in April (1.19 per cent inflation) to 153.3 in May (2.61 per cent inflation) and
Retail inflation or Consumer Price Index in India is expected to remain below or close to 5.0 per cent in the remaining months of 2024-25, except for September, asserted SBI Research.
In the NITI Aayog's SDG India Index 2023-24, Kerala and Uttarakhand met the criteria of Sustainable Development Goals, securing the first position among all the states and UTs.
NITI Aayog released the report of SDG 2023-24 on Friday. In the report, Uttarakhand has met the criteria of Sustainable Development Goals and secured the first position in the entire country, jointly with Kerala.
NITI Aayog released the report of SDG 2023-24 on Friday. In the report, Uttarakhand has met the criteria of Sustainable Development Goals and secured the first position in the entire country, jointly with Kerala.
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.
The NSE Nifty 50 index opened at 24,379 points with a gain of 64 points, while the BSE Sensex also surged 193 points to 80,093 during the opening trade.
The Nifty 50 index opened at 24,396.55, gaining 67 points at the opening, while the BSE Sensex sustained positive momentum, opening at 80,170 with a gain of 230 points.
In a significant development that could pull in foreign funds into India's debt market, JPMorgan Chase & Co added Indian government bonds to its benchmark emerging-market index starting June 28.