Core Sector Growth Slows to 6.3% in May 2024 The growth of India’s core sector, comprising eight crucial industries, decelerated to 6.3% in May 2024 from a robust 8% in April 2024. This slowdown reflects mixed performance across the sectors and raises concerns about the economic momentum. The core sectors, which include coal, crude oil,…
Core Sector Output Growth Hits Six-Month Low at 7.8% in November The Core Sector, a significant contributor to India’s industrial output, witnessed a slowdown in growth, marking a six-month low at 7.8% in November. This slowdown, reported by the Ministry of Commerce and Industry, unveils crucial insights into the country’s economic health, signaling potential challenges…
India’s IIP Growth Falls to 5-Month Low of 1.1% in March on Poor Manufacturing Performance India’s industrial output growth fell to a five-month low of 1.1% in March, mainly due to poor performance in the manufacturing sector, according to data released by the government on Friday. The factory output, as measured by the Index of…
