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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
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.
URL copied Image Source : PTI As per IIP data released, manufacturing sector output declined by 3.7 per cent in February 2021. India's 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 generation grew by 0.1 per cent in February. The IIP had grown by 5.2 per cent in February 2020. During A...
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 shed 101 points to end at 14,930. Weakness in index heavyweight Reliance Industries and banking a...
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