June retail inflation surges to 4.81% on high food prices
With June inflation numbers out, the first quarter average retail inflation for 2023-24 stands at 4.6%, in line with RBI’s estimates
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July 2023
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April 2020
Retail inflation falls to 18-month low of 4.7% in April
Index of Industrial Production (IIP) grew 1.1% in March.
India’s retail inflation cools to 5.72% in Dec 2022
CPI-based headline inflation falls to a one-year low; remains below the RBI’s upper threshold of 6% for the 2nd month in a row.
Retail inflation rises to 5-month high of 7.4% in Sept
Retail inflation rose in both rural and urban areas. India's factory output saw a contraction of 0.8% in August 2022.
IIP growth slows to 2.4% in July from 12.3% in June
The manufacturing sector grew 3.2% in July, power generation rose 2.3%, while mining output contracted 3.3% during the month under review, the NSO data showed.
Core sector growth slows to 4.5% in July
Except crude oil and natural gas, all other six industries recorded an expansion in July 2022.
Industrial output grows 7.1% in April
The quick estimates for the index of industrial output stood at 135.1 for April 2022, compared to 126.1 seen during the corresponding month of last year.
Industrial growth slips even as corporate profits soar to historic highs
The disconnect is stark because industrial production and capacity utilisation continue to be low for several years, indicating a structural economic slowdown.
Electricity, raw material demand indicate recovery: Sitharaman
India to be one of the fastest-growing economies, will facilitate as much needed, says finance minister Nirmala Sitharaman.
Markets end in red despite early gains
The Covid-19 data and uncertainties continue to scare the bulls as benchmark indices close in red after gaining nearly 4% in early trade.
