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.
After the retail inflation data showed that food inflation in June almost doubled year-on-year to 8.3 percent, economic experts are optimistic that food inflation will decrease in the coming months.
The two wheeler sales in India in June registered a growth of 21.3 per cent year-on-year (Y-o-Y), highlights the sales data released by Society of Indian Automobile Manufacturers (SIAM) on Friday.
According to a press release, the company's assets under management (AUM) surged by 59 per cent year-on-year, reaching Rs 69,018 crores. Revenue grew by 38 per cent to Rs 245 crores, while profit before tax (PBT) increased by 40 per cent to Rs 99
Concurrently, the Eight Core Industries Index expanded by 6.5 per cent year-on-year in the first two months of FY25, buoyed primarily by increased activity in essential sectors such as coal, natural gas, and electricity.
The capital market activity in June was marked by lower G-Sec supply and increased Foreign Portfolio Investor (FPI) inflows, supported by index inclusions, which helped prevent crowding-out effects. Bank credit continued its strong growth momentum, exceeding 15 per cent year-on-year as of mi
New Delhi [India], July 9: India is the world's sixth-largest retail hub, with a rapidly expanding sector across major and smaller cities. In February 2024, retail inflation, measured by the CPI, was 5.09 per cent year-on-year. Organized retail, which makes up 12 per cent of the market, is g
The CBRE's report noted that the overall office leasing deals remained strong in the country, with gross office leasing touching 32.8 million sq. ft. during Jan-Jun' 2024. This was an increase of 14 per cent year-on-year basis across the top nine cities of India.
According to the official figures released by the ministry on July 3, coal production surged by 35 per cent year-on-year, rising from 29.26 million tonnes (MT) in the first quarter of financial year (FY) 2024 to 39.53 MT in the first quarter of Q1 FY25.
According to a press release by the Ministry of Railways, this growth represents a robust improvement of approximately 10.07 per cent year-on-year, highlighting the railways' enhanced operational efficiency and increased demand for freight services.
This represents a year-on-year (YoY) increase of 1.7 per cent in the number of deals and 15.6 per cent rise in the total funding value compared to the same period in 2023