India's retail inflation declined to 4.85 per cent in March compared to 5.09 per cent in February this year, according to government data released on Friday
According to a press release by the Ministry, these estimates, compiled with data received from source agencies, provide valuable insights into the performance of various sectors in the industrial landscape.
According to the press release by the Ministry, the IIP, a key barometer of industrial activity, soared to 151.5 in December 2023, propelled by notable expansions in the mining, manufacturing, and electricity sectors.
According to a press release, cement stands as one of India's eight core industries, accounting for a significant 5.37 per cent weightage in the Index of Industrial Production (IIP).
The Index, said the BOI, was positively influenced by increases in the Industrial Production Index, the retail trade revenue index (November), import of consumption goods, goods exports, the job vacancy rate, and credit card purchases (December).
According to Asian Development Outlook, recent data reveals that India's GDP expanded at a robust rate of 7.1 per cent in the first three quarters of the calendar year, propelled by strong industrial production and substantial investment.
New Delhi [India], December 1: India s economy is growing at an exponential pace, and the major contributor the growth is the msme sector. It accounts for 45 % of total industrial production, 40% of total exports and contributes very significantly to the GDP. As per available data, It is exp
Indian stock indices started the new week on a steady note with investors largely eyeing May inflation data scheduled to be released this week for further course of action.
The production of coal, electricity, steel, cement, fertilisers, refinery products and natural gas increased in December 2022 over the corresponding month of last year. Index of eight core industries (ICI) measures the combined and individual performance of production of eight core industrie
According to the statement from the ministry of commerce and industry, the eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).
The Quick Estimates of Index of Industrial Production (IIP) are usually released on 12th of every month with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments.
A crucial element in the pursuit of sustainable and clean energy is hydrogen. However, this transformation confronts considerable challenges because the gas is explosive when coupled with air. Being able to spot hydrogen leaks as soon as possible is crucial.