India’s Core Sector Growth Rose to a Four-Month High of 4.3 PC in November
Trending News
1 week, 1 day ago

India’s Core Sector Growth Rose to a Four-Month High of 4.3 PC in November

Deccan Chronicle  

New Delhi: Driven by robust construction activity, India’s core sector growth rose to a four-month high of 4.3 percent in November as compared to 3.7 percent in October. “The cement industry expanded at the fastest pace in 13 months of 13 percent, rising from 3.1 percent growth in the previous month, while the coal sector held steady with 7.5 percent growth down from 7.8 percent in the previous month,” the data showed. “Also, electricity growth picked up to 3.8 percent from 2 percent in the previous month, while fertiliser growth was 2 percent from 0.4 percent in October,” it showed. As eight core sectors output has a 40 percent weight in the industrial production index, the expansion in core industries, especially cement in infrastructure activities, bodes well for the economy, which witnessed a growth slowdown to a seven-quarter low of 5.4 percent.

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History of this topic

India's power output growth in 2024 slowest since pandemic: Report
1 day, 8 hours ago

India's power output growth in 2024 slowest since pandemic: Report

India Today  

Electricity generation in 2024 grew at its slowest pace since the Covid-19 pandemic, reflecting a broader economic slowdown, reported news agency Reuters, quoting data from Grid-India. “Electricity demand picked up in December with colder weather boosting heating system usage,” Sooraj Narayan, head of Asia-Pacific power modeling at Wood Mackenzie, told the news agency. “We expect a demand growth rate of …

India’s services sector growth rises to a four-month high in December
Trending News
3 days, 1 hour ago

India’s services sector growth rises to a four-month high in December

Live Mint  

New Delhi: Business activity gained momentum in December driven by demand buoyancy in the services sector, rising to a four-month high during the month, even as manufacturing growth slowed. India’s finance ministry recently said it expects the economy to grow at 6.5% in 2024-25, while the Reserve Bank of India estimates a 6.6% growth aided by rural consumption, government investment, …

India’s manufacturing growth at 12-month low in December
Trending News
6 days, 23 hours ago

India’s manufacturing growth at 12-month low in December

Live Mint  

New Delhi: India’s manufacturing growth slowed to a 12-month low in December amid a softer increase in factory orders and production, a private survey said. The HSBC India Manufacturing Purchasing Managers Index, compiled by S&P Global, was recorded at 56.4 in December, down from 56.5 in November. According to the survey, at 56.4 in December, the seasonally adjusted HSBC India …

India's core sector growth hits four-month high of 4.3% in November
1 week, 1 day ago

India's core sector growth hits four-month high of 4.3% in November

Live Mint  

NEW DELHI : India's infrastructure output, which accounts for about two-fifths of industrial production, jumped to a four-month high in November, driven by a rise in six of the eight core constituent sectors during the month. A year ago, the output of the eight core industries—coal, crude oil, steel, cement, electricity, fertilisers, refinery products and natural gas—had expanded by 7.9% …

India’s thermal coal imports rise this fiscal on procurement by ICB plants
1 week, 1 day ago

India’s thermal coal imports rise this fiscal on procurement by ICB plants

Live Mint  

New Delhi: Imports of thermal coal, used for power generation, have increased by about 9% in the April-November of the ongoing financial year to 45 million tonnes, on higher procurement made by those power plants that operate solely on imported coal. Data from the Central Electricity Authority showed that imported coal-based power plants imported 33.4 million tonnes so far in …

Core Sector Growth In India Climbs To 4-Month High In Nov, Cement, Fertiliser, And Electricity Perform Well
1 week, 1 day ago

Core Sector Growth In India Climbs To 4-Month High In Nov, Cement, Fertiliser, And Electricity Perform Well

ABP News  

The core sector growth of India climbed to reach a four-month high of 4.3 per cent in November, in comparison to 3.7 per cent seen in October. The cement industry grew at the fastest pace in 13 months at 13 per cent, in comparison to the 3.1 per cent jump seen in the previous month. On the other hand, coal …

India’s Private Sector Hits 4-Month High in December: PMI Data
3 weeks, 3 days ago

India’s Private Sector Hits 4-Month High in December: PMI Data

Deccan Chronicle  

New Delhi: Showing the resilience in India's economy with solid momentum, the India's private sector growth hit four-month high at the fastest pace in December, helping the economy on a positive note at the end of the year, underpinned by sturdier demand in both services and manufacturing along with a record jobs growth, a private survey showed on Monday. As …

India’s GDP growth slows to 5.4% in Q2, below RBI estimate: Govt data
1 month, 1 week ago

India’s GDP growth slows to 5.4% in Q2, below RBI estimate: Govt data

Hindustan Times  

NEW DELHI: India’s growth of gross domestic product slowed to a seven-quarter low during July-September quarter of 2024-25, data released by the ministry of statistics and programme implementation showed. India remains the fastest-growing major economy as China’s GDP growth in the July-September quarter this year was 4.6%. The economy expanded 5.4% in the quarter ending September 2024 from a year …

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data
1 month, 1 week ago

India's GDP growth slows to 5.4% in Q2 2024-25: Govt data

Hindustan Times  

India's Gross Domestic Product growth slowed down to 5.4% during the second quarter of the financial year 2024-25 due to the falling growth rate in manufacturing, consumption, and mining. India's GDP growth slows to 5.4% in Q2 2024-25, govt data shows In comparison, the GDP growth rate was 8.1% in the second quarter of 2023-24, according to government data released …

India Q2 GDP: Economy grows 5.4% in July-Sept, a 7-quarter low
1 month, 1 week ago

India Q2 GDP: Economy grows 5.4% in July-Sept, a 7-quarter low

Firstpost  

Government data released on Friday showed that India’s economic growth slowed down to 5.4 per cent in July-September 2024 compared to 8.1 per cent in year-ago quarter India's GDP for the second quarter of the fiscal year 2024 slowed down to 5.4 per cent. File image Government data released on Friday showed that India’s economic growth slowed down to 5.4 …

India’s GDP growth: The first half faltered, but economy seen rebounding in the second
Trending News
1 month, 1 week ago

India’s GDP growth: The first half faltered, but economy seen rebounding in the second

Live Mint  

Two consecutive quarters of disappointing economic growth have left economists pinning their hopes on a rebound in the second half of the fiscal year. Some economists, however, expect India’s FY25 GDP growth to be lower than the Reserve Bank of India’s 7.2% outlook because of the disappointing economic growth in the first two quarters of the fiscal year. “Government will …

India's Q2 GDP slows to 5.4%, hits 18-month low on weak consumption
Trending News
1 month, 1 week ago

India's Q2 GDP slows to 5.4%, hits 18-month low on weak consumption

India Today  

India’s GDP growth for the July-September quarter fell sharply to 5.4%, marking an 18-month low, as per data released by the National Statistics Office on Friday. Manufacturing growth decelerated significantly to 2.2%, compared to 14.3% in the same quarter last year and 7% in the previous quarter. The weaker-than-expected GDP growth raises concerns about the sustainability of economic recovery, particularly …

India’s GDP growth likely moderated to 6.5% in Q2, says Icra
Trending News
1 month, 2 weeks ago

India’s GDP growth likely moderated to 6.5% in Q2, says Icra

Live Mint  

New Delhi: India’s GDP growth is likely to have slowed marginally to 6.5% in the second quarter of FY2025 from 6.7% in the previous quarter, primarily due to heavy rainfall, weak corporate margins, and subdued exports, according to rating agency Icra. While government capital expenditure and healthy kharif sowing provided a lift, their impact was offset by disruptions caused by …

India's Renewable Energy Capacity Hits New Milestone: Centre
1 month, 3 weeks ago

India's Renewable Energy Capacity Hits New Milestone: Centre

Deccan Chronicle  

New Delhi: India has reached a significant milestone in its renewable energy journey, with the country's total renewable energy capacity crossing the 200 GW. India's total renewable energy installed capacity surged by an impressive 24.2 GW in just one year, reaching 203.18 GW in October 2024, up from 178.98 GW in October 2023. India's total electricity generation capacity has reached …

India’s Industrial Output Grows 3.1 Percent in September Amid Rising Inflation
1 month, 3 weeks ago

India’s Industrial Output Grows 3.1 Percent in September Amid Rising Inflation

Deccan Chronicle  

NEW DELHI: India’s industrial production witnessed a significant expansion by 3.1 per cent in September from a negative territory in August 2024 at 0.1 per cent, mainly due to improvement in the manufacturing sector. While headline retail inflation rose to 14-month high of 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher …

Retail inflation hits 14-month high, rises to 6.21 per cent in October
1 month, 4 weeks ago

Retail inflation hits 14-month high, rises to 6.21 per cent in October

India TV News  

India’s retail inflation surged to a 14-month high of 6.21% in October, exceeding the Reserve Bank of India’s target range. India’s Index of Industrial Production showed a positive shift, expanding by 3.1% in September compared to a 0.1% contraction in August. According to data from the Ministry of Statistics and Programme Implementation, key sectors such as mining, manufacturing, and electricity …

India’s coal imports rise to 90.5 MT amid surge in power demand
3 months, 2 weeks ago

India’s coal imports rise to 90.5 MT amid surge in power demand

Live Mint  

New Delhi: India's coal imports during the April-July period of the current fiscal increased 0.9% to reach 90.51 million tonnes compared with 89.68mt in same period last fiscal, the coal ministry said on Wednesday. "This decline underscores India’s steadfast commitment to achieving self-sufficiency in coal production and reducing reliance on imports," it said, adding that coal imports by the non-regulated …

India's coal imports rise to 90.5 MT amid surge in power demand
3 months, 2 weeks ago

India's coal imports rise to 90.5 MT amid surge in power demand

Live Mint  

New Delhi: India's coal imports during the April-July period of the current fiscal increased 0.9% to reach 90.51 million tonnes compared with 89.68mt in same period last fiscal, the coal ministry said on Wednesday. "This decline underscores India’s steadfast commitment to achieving self-sufficiency in coal production and reducing reliance on imports," it said, adding that coal imports by the non-regulated …

India's Retail Inflation at 3.65 Percent in August; Industrial Output Grows by 4.8 Percent in July
3 months, 3 weeks ago

India's Retail Inflation at 3.65 Percent in August; Industrial Output Grows by 4.8 Percent in July

Deccan Chronicle  

New Delhi: India’s headline retail inflation for the month of August 2024 stood at 3.65 per cent as compared to 3.6 per cent in July, while it was 6.83 per cent a year ago. India’s industrial output growth also recorded a growth of 4.8 per cent in July 2024, two separate government data showed on Thursday. Meanwhile, India’s industrial production …

India’s industrial output grows 4.8% in July
3 months, 3 weeks ago

India’s industrial output grows 4.8% in July

The Hindu  

India’s industrial output growth rose 4.8% in July, the second-slowest pace in the financial year 2024-25, from an upgraded 4.7% growth in June, even as mining and electricity growth slowed, and non-consumer durables’ production slipped a sharp 4.4%, marking the third contraction in four months. Manufacturing output growth picked up to 4.6% in July, from 3.2% in June, and was …

India’s core sector growth increases by 6.1 per cent in July 2024
4 months, 1 week ago

India’s core sector growth increases by 6.1 per cent in July 2024

India TV News  

India’s core sector, comprising industries such as coal, electricity, steel, and cement, posted a 6.1 per cent growth in July after having slowed to 4 per cent in June, according to data released by the Commerce Ministry today. Its cumulative index increased by 1.6 per cent during April to July, 2024-25 over corresponding period of the previous year. Its cumulative …

At 4%, India's core sector growth slowest in 20 months: Govt data
5 months, 1 week ago

At 4%, India's core sector growth slowest in 20 months: Govt data

Business Standard  

Electricity generation saw a 7.7 per cent increase, which was lower than the 13.7 per cent growth in May but higher than the 4.2 per cent growth in June 2023. “With the onset of the monsoon, electricity growth reverted to single digits after two months, although it remained healthy at 7.7 per cent. Given the dip in core sector growth, …

Up 4%, core sectors’ growth at 20-month low in June
5 months, 1 week ago

Up 4%, core sectors’ growth at 20-month low in June

The Hindu  

Growth in India’s eight core sectors slipped to a 20-month low of 4% in June from an upgraded 6.4% rise in May, with most sectors barring coal recording a sharp decline in output growth, steel production at a seven-month low, and refinery products slipping into contraction for the first time in five months. However, electricity generation slipped to a four-month …

India's solar output grows at slowest pace in six years in first half of 2024
6 months ago

India's solar output grows at slowest pace in six years in first half of 2024

Hindustan Times  

By Sudarshan Varadhan and Cassandra Yap India's solar output grows at slowest pace in six years in first half of 2024 SINGORE, - India's solar power generation grew at the slowest pace in six years in the first half of 2024, an analysis of data from the federal grid regulator showed, as the country further stepped up reliance on coal …

India's coal dependence for power to be highest in nine years as heatwaves intensify
6 months, 2 weeks ago

India's coal dependence for power to be highest in nine years as heatwaves intensify

Hindustan Times  

India will use more coal for generating electricity this year than it has in almost a decade, to cope with surging electricity demand, Bloomberg reported. Representational The country expects to add 15.4 gigawatts in the financial year 2024-25, the most in nine years, people familiar with the matter told Bloomberg. Coal still generates about three-quarters of India’s electricity, and the …

India's industrial output's year-on-year growth increases to 5% in April 2024
6 months, 3 weeks ago

India's industrial output's year-on-year growth increases to 5% in April 2024

Hindustan Times  

The Index of Industrial Production grew by 5% for April 2024, compared to 4.6% growth during the same month of the previous year. IIP tracks activity in manufacturing, mining, and electricity generation IIP shows the performance of the industrial sector. The IIP figure for April 2024 stood at 147.7 compared to 140.7 in the same month last year, according to …

India's Index of Industrial Production growth slows to 4.9% as mining sector sees decline
7 months, 4 weeks ago

India's Index of Industrial Production growth slows to 4.9% as mining sector sees decline

Deccan Chronicle  

New Delhi:With the poor performance, mostly in the mining sector, India’s industrial output slowed marginally to 4.9 per cent in March this year as compared to the previous month. The factory output measured in terms of the index of industrial production or IIP was 5.6 per cent in February 2024, while it saw a growth of 1.9 per cent in …

Industrial output slows to 4.9% in March
7 months, 4 weeks ago

Industrial output slows to 4.9% in March

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. Manufacturing, which constitutes 77.6% of the Index of Industrial Production, grew at a five-month high pace of 5.2% in March, relative to a mild 1.5% uptick in …

Business News Highlights: GST Collections Soar To Record Rs 2.10 Lakh Crore In April
8 months, 1 week ago

Business News Highlights: GST Collections Soar To Record Rs 2.10 Lakh Crore In April

ABP News  

Business News Highlights: Hello and welcome to ABP Live's Business LIVE blog. Furthermore, according to data released by the Ministry of Commerce and Industry on Tuesday, India's eight core sectors recorded a growth rate of 5.2 per cent in March. Although this growth rate was slower than the 7.1 per cent recorded in February 2024, it surpassed the 4.2 per …

Infrastructure sectors’ output growth moderates to 5.2% in March
8 months, 1 week ago

Infrastructure sectors’ output growth moderates to 5.2% in March

The Hindu  

India’s eight core infrastructure sectors’ output growth moderated to 5.2% in March from an upgraded 7.1% uptick in February, with high growth in Cement and Electricity production offset by contractions in fertilisers and refinery products. However, this also marked the first time in at least 12 years that all eight sectors had recorded annual growth, led by double-digit upticks in …

India’s record coal output tad shy of 1 billion tonne target
9 months, 1 week ago

India’s record coal output tad shy of 1 billion tonne target

Live Mint  

India's coal production touched a new high of 997.4 million tonnes in fiscal year 2024, marking an 11.67% increase from the previous year, but falling short of the 1-billion-tonne target, the coal ministry said in a statement on Monday. Mahanadi Coalfields in Odisha became the first Indian coal producer to exceed 200 million tonnes in output, with a production of …

Coal stocks at comfortable level to meet peak summer demand, says official
9 months, 3 weeks ago

Coal stocks at comfortable level to meet peak summer demand, says official

New Indian Express  

NEW DELHI: The country’s coal stocks are at comfortable levels to meet the demand during the peak summer season, said a senior official from the coal ministry. Additionally, the National Power Portal reports that coal stocks at power plants with capacities exceeding 189 GW stood at 45.48 MT as of March 16. “Even though power demand is likely to increase, …

Industrial output growth slows to 3.8% in January
9 months, 3 weeks ago

Industrial output growth slows to 3.8% in January

The Hindu  

India’s industrial output growth slowed to 3.8% in January, from an upgraded uptick of 4.24% in December, with the manufacturing sector’s growth slowing to 3.2% from 4.5% a month ago and consumer non-durables slipping into contraction for the second time in three months. Consumer durables production jumped 10.9%, the highest growth in three months, but gained from base effects as …

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations
10 months, 1 week ago

India's GDP grew by 8.4 per cent in December quarter, surpassing expectations

Hindustan Times  

Indian economy grew by 8.4 per cent in October-December 2023 against 4.3 per cent a year ago, government data showed on Thursday. India's GDP grows by 8.4 per cent in December quarter It had projected a growth of 7.3 per cent for the current fiscal in its first advance estimates released earlier in January 2024. Earlier in the day, the …

Core sectors’ growth hit 14-month low in December
11 months, 1 week ago

Core sectors’ growth hit 14-month low in December

The Hindu  

Output growth from India’s eight core sectors slumped to a 14-month low of 3.8% in December 2023, compared to 8.3% a year earlier and a revised growth of 7.9% in the previous month. Coal production grew 10.6%, marking the slowest year-on-year uptick in six months, but output levels were at their highest since April 2023. Refinery products and Steel output …

India's core sector growth declines to 14-month low of 3.80 per cent in December
11 months, 1 week ago

India's core sector growth declines to 14-month low of 3.80 per cent in December

India TV News  

India's eight core sectors recorded a growth of 3.8 per cent in December, as per data released by the Ministry of Commerce and Industry on January 31. In November 2023, the core sector growth reported a figure of 7.8 per cent, which was later revised slightly upward to 7.9 per cent by the commerce ministry on January 31. Comparatively, in …

Coal power generation up 10.13% during April to December 2023
11 months, 2 weeks ago

Coal power generation up 10.13% during April to December 2023

New Indian Express  

NEW DELHI: The country’s coal-fired power generation showed significant growth of nearly 10.13% from April to December 2023 compared to the corresponding period of the previous year. As per the coal ministry, the domestic coal-based power generation from April to December 2023 rose by 7.14% to 872 billion units, up from 813.9 BU generated in the corresponding period last year. …

IIP growth at 8-month low in November: What do the numbers say about Indian economy?
11 months, 3 weeks ago

IIP growth at 8-month low in November: What do the numbers say about Indian economy?

Live Mint  

The government on Friday released data on inflation and industrial production, which showed a dual impact on the economy. Conversely, industrial production growth plummeted to an 8-month low of 2.4% in November, mainly because of poor showing by the manufacturing sector. On the other hand, pharma, chemical products, wearing apparel, computer and electronics, electrical equipment and machinery & equipment and …

Core signals: Coal output growth at six-month low in December
1 year ago

Core signals: Coal output growth at six-month low in December

The Hindu  

India’s coal output growth slid to a six-month low of 10.75% in December 2023, with production levels nearing 93 million tonnes, as per data released by the Coal ministry on Tuesday. Core sectors’ growth is also expected to slow between December 2023 and February 2024, owing to base effects from the previous year and the coal sector numbers for December …

Core sectors’ growth skids to 6-month low in November
1 year ago

Core sectors’ growth skids to 6-month low in November

The Hindu  

Output from India’s eight core sectors grew at a six-month low pace of 7.8% in November, compared to 12% in October, with cement recording its first contraction this year and its production levels slipping to the lowest level in 13 months. Base effects from last November, when cement production grew 29.1%, affected this November’s print along with a slowdown in …

Coal isn’t easy to exclude from sustainable development | Explained
1 year, 1 month ago

Coal isn’t easy to exclude from sustainable development | Explained

The Hindu  

The world is highly dependent on fossil fuels, which produce 80% of the total energy supplied. According to Central Electricity Authority projections for FY 2031-2032, India’s national grid can absorb 924 TWh of electricity from various renewable energy sources by progressively adding 47 GW of battery storage capacity and 27 GW of pumped storage projects by FY 32. To balance …

Industrial output growth slides to three-month low
1 year, 1 month ago

Industrial output growth slides to three-month low

The Hindu  

India’s industrial output growth slid to a three-month low of 5.8% in September from a 14-month high of 10.3% in August, with manufacturing growth halving to 4.5% from the 9.3% recorded in the previous month. Consumption demand appeared weak with consumer durables’ production rising just 1% while non-durables’ grew 2.7% in September, despite a beneficial base effect from last year …

Core sector output grew 8.1% in September
1 year, 2 months ago

Core sector output grew 8.1% in September

The Hindu  

Output growth in India’s eight core sectors slowed to a four-month low of 8.1% in September, from 12.5% in August, with the Index of Core Industries dipping to a seven-month low. While coal, steel and electricity production recorded healthy year-on-year growth, crude oil output slipped back into contraction mode after two months of upticks, breaking a two-month streak when all …

Industrial growth hit 14-month high of 10.3% in August
1 year, 2 months ago

Industrial growth hit 14-month high of 10.3% in August

The Hindu  

India’s industrial output surged at a 14-month high pace of 10.3% in August, from a 6% rise in July, aided by favourable base effects from last year when production levels had contracted 0.7% and the best manufacturing performance since this April. Consumer goods’ production reflected a mixed trend, although durables’ output grew for the first time in three months, at …

Mining, power drive IIP growth to five-month high
1 year, 3 months ago

Mining, power drive IIP growth to five-month high

Live Mint  

India’s factory output rose to a five-month high of 5.7% in July, up from 3.7% in June, driven by strong growth in mining and power, official data released on Tuesday showed. “The growth rates over the corresponding period of the previous year are to be interpreted considering the unusual circumstances on account of covid-19 pandemic since March 2020,” said an …

India shows an impressive 7.8% economic growth in April-June quarter
1 year, 4 months ago

India shows an impressive 7.8% economic growth in April-June quarter

Associated Press  

NEW DELHI — India’s economy registered impressive growth of 7.8% in the first quarter of the current financial year, attributed to good performance by the agriculture and financial sectors, according to official data released on Thursday. India’s agriculture sector recorded growth of 3.5% in three months, up from 2.4% in the April-June quarter last year, according to the data released …

India’ GDP growth likely at 8.5% in first quarter: Icra
1 year, 4 months ago

India’ GDP growth likely at 8.5% in first quarter: Icra

Live Mint  

Icra Ratings which released a report on Tuesday said that India's economic growth will accelerate to 8.5% in the April-June period of the current fiscal from the 6.1% growth rate witnessed in the preceding January-March quarter. Nayar said erratic rainfall, narrowing differentials with year-ago commodity prices, and possible slowdown in momentum of government capex "as we approach the Parliamentary elections …

Industrial production witnesses growth of 3.7 per cent in June 2023: NSO data
1 year, 4 months ago

Industrial production witnesses growth of 3.7 per cent in June 2023: NSO data

India TV News  

A recent data released by the National Statistical Office revealed that India’s industrial production rose by 3.7 per cent in June. According to the official data, the factory output measured in terms of the Index of Industrial Production grew by 12.6 per cent in June 2022. The data released by the NSO also showed that the manufacturing sector’s output increased …

Eight key infrastructure sectors growth healthy but slower from last year
1 year, 5 months ago

Eight key infrastructure sectors growth healthy but slower from last year

India TV News  

Output of eight key infrastructure sectors expanded at a five-month rate of 8.2 per cent in June on healthy performance by sectors such as natural gas and steel, according to the official data released on Monday. Core sector growth in June is the highest since January 2023 when the key sectors expanded at 9.7 per cent. The output growth of …

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