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With global prices of crude oil, coal and fertilisers cooling off, inflation based on consumer price index (CPI) slipped below the seven per cent mark in the month of July but remained above the Reserve Bank of India’s upper band of six per cent.
The ministry said that it had a target of $23.56 billion for 2022-23 for agricultural and processed food products under APEDA, out of which, 25.4 per cent have been achieved in the first three months.
Get latest articles and stories on Business at LatestLY. India's factory output measured by the Index of Industrial Production (IIP) posted a robust growth of 19.6 per cent in May 2022, sharply higher from 7.1 per cent recorded in the previous month, as per the government data released on Tuesday. Business News | India's Industrial Growth Surges to 19.6 Per Cent in May.
India's factory output measured by the Index of Industrial Production (IIP) posted a robust growth of 19.6 per cent in May 2022, sharply higher from 7.1 per cent recorded in the previous month, as per the government data released on Tuesday.
The Index of Industrial Production (IIP), which had been flat for the previous seven months, increased by 7.1% in April of this year.