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Photo used for representation purpose only. | Photo Credit: The Hindu India’s industrial production growth accelerated to 5.2% in November this year, mainly due to good show by manufacturing sector, according to official data released on Friday (January 10, 2025). The factory output, measured in terms of the Index of Industrial Production (IIP), witnessed a…
Photo used for representation purpose only. File | Photo Credit: Sushil Kumar Verma India’s retail inflation shot back to a nine-month high of 5.5% in September, from 3.65% in August, thanks to a resurgence in food price rise to 9.24% after two months under the 6% mark. For rural consumers, inflation neared the 6% mark…
Read More “Retail inflation shoots back to nine-month high of 5.5%” »
Photo used for representation purpose only. India’s industrial output growth slumped to a five-month low of 4.2% in June, with manufacturing output growth halving to 2.6% from the previous month, and electricity generation easing 2.8% from May’s record high in the face of an abating heat wave. On the basis of end-use, production growth fell…
Read More “Industrial output growth slumps to five-month low of 4.2% in June” »
Photo used for representation purpose only. India’s industrial output growth slowed to 4.9% in March from 5.6% in February, as per the National Statistical Office, with base effects from last March boosting the uptick as output had tanked 1.9% last year. Mining output slid to a 19-month low growth of 1.2%, while electricity generation rose…
Read More “Industrial output growth slows to 4.9% in March from 5.6%” »
Electricity generation rose 8.6% in march 2024 from a 1.6% contraction in March 2023. File | Photo Credit: The Hindu India’s industrial output growth slowed to 4.9% in March from 5.6% in February, as per the National Statistical Office, with base effects from last March when output had tanked 1.9%, boosting the uptick. Mining output…
As per the latest All India Household Consumption Expenditure Survey, the average monthly per capita consumption expenditure in Indian households rose by 33.5% since 2011-12 in urban households to ₹3,510, with rural India’s MPCE seeing a 40.42% increase over the same period to hit ₹2,008. File | Photo Credit: The Hindu For the first time…
Read More “After a 11-year gap, Centre discloses key consumption expenditure survey data” »
Reserve Bank of India Governor Shaktikanta Das. | Photo Credit: PTI The Reserve Bank of India (RBI) on February 8 projected GDP growth for the next financial year at 7% on the back of improved household consumption and upturn in private capex cycle. The real GDP growth is, however, lower than 7.3% estimated by the…
Read More “RBI pegs FY’25 GDP growth at 7% on improved consumption demand, private capex spends” »
‘The FY25 interim Budget carries forward the ethos of public capex a notch higher, thereby bolstering the government’s commitment to high quality spending’ | Photo Credit: REUTERS India’s economic recovery in the early post COVID-19 pandemic phase was distinctly underscored by a strong performance in exports and domestic investments. While exports benefitted from an easing…
Food inflation stood at around 10% in August. | Photo Credit: SUSHIL KUMAR VERMA India’s retail inflation is likely to have retreated below 6% in September after two months over the central bank’s tolerance threshold, thanks to cooling prices for most essential commodities and food items, barring pulses that are seeing a sustained uptick in…
Read More “Retail inflation likely eased in September, but may be higher than RBI hopes” »
Representational image only. | Photo Credit: The Hindu Manufacturing firms’ order books and output levels expanded at the fastest pace in nearly three years this August, as per the S&P Global India Manufacturing Purchasing Managers’ Index (PMI) that rose to 58.6 last month from 57.7 in July. A reading of over 50 on the index…
Read More “S&P Global India Manufacturing PMI signals August activity hit nearly three-year high” »