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May 12, 2021
Retail Inflation in India: The retail inflation eased to 4.29 per cent in April 2021, amid decline in food prices, according to government data released on Wednesday
May 12, 2021
Index of Industrial Production, March 2021: The indices for the mining, manufacturing, and electricity sectors for March 2021 stand at 139.0, 140.4, and 180.0 respectively.
April 12, 2021
URL copied Image Source : PTI As per IIP data released, manufacturing sector output declined by 3.7 per cent in February 2021. Indias industrial production contracted by 3.6 per cent in February, official data showed on Monday. According to the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO), manufacturing sector output declined by 3.7 per cent in February 2021. Mining output slipped 5.5 per cent, while power genera...
March 15, 2021
Sensex Today: The equity benchmark indices declined for the second straight day on Monday. The fall comes on the back of weak macroeconomic data (dip in IIP, rise in inflation) and resurgence in Covid-19 infections. Besides, elevated crude prices and jump in bond yields also weighed on sentiment. The BSE benchmark Sensex after shedding nearly 1,000 points in intra-day, recouped losses amid a strong start for Eupropean shares and ended 397 points down at 50,395. While its NSE counterpart Nifty...
March 12, 2021
Retail Inflation in India: The retail inflation rose to 5.03 per cent in February 2021, due to rise in fuel and food prices, according to government data released on Friday
March 12, 2021
Source: Highlights The worst performance was witnessed by the capital goods sector, which recorded a contraction of 9.6% during the month under review, compared to a 4.4% decline a year ago A contraction of 3.7% was registered in the mining sector in January, against a positive growth of 4.4% in the year-ago period New Delhi: Industrial production re-entered the negative territory by contracting 1.6 per cent in January, mainly on account of the decline in output of capital goods, manufacturing ...
March 12, 2021
IIP Data: Industrial production fell 1.6 per cent in January 2021 The industrial production was down 1.6 per cent in January from a year earlier, government data showed on Friday. According to a recent poll of analysts conducted by news agency Reuters, the industrial production was expected to rise 0.9 per cent year-on-year in January. The industrial production, or the factory output, gauged by the Index of Industrial Production (IIP), declined 1.6 per cent in January, after registering ...
January 15, 2021
The Indian benchmark indices ended Fridays session lower, down over 1 per cent, triggered by an across-the-board sell-off that saw all the Nifty sectoral indices ending the session in the red. Among headline indices, the S&P BSE Sensex tumbled as much as 788 points from the previous days close to 48,796 in the intra-day deals, before partially erasing the losses and ending at 49,035, down 549 points. The broader Nifty50 index ended the day 1.1 per cent lower at 14,434. The fall comes amid wor...
January 12, 2021
IIP Data: Industrial production shrank by 1.9 per cent in November 2020 Industrial production in the country contracted by 1.9 per cent in November 2020, after registering a growth in October, government data showed on Tuesday, January 12. According to the Index of Industrial Production (IIP) data, the manufacturing sector output shrank by 1.7 per cent in November 2020. The mining output also contracted 7.3 per cent, while power generation grew 3.5 per cent. The IIP had grown by 2.1 per cen...
January 12, 2021
Index of Industrial Production, November 2020: The country's output of eight core sectors - also known as infrastructural output, contracted by 2.6 per cent in the month