THE OUTPUT OF eight core industries' rose 4.3% year-on-year in November, the highest pace in four months, primarily due to an uptick in production of coal, cement and steel, according to official data released on Tuesday.
In November 2023, the core sector had grown by 7.9% year-on-year, and in October 2024 by 3.7%. In April-November, however, the core sector's growth averaged 4.2% as against 8.7% in the corresponding period of FY24. Growth in the core industries have been far lower this year, as the output growth of five sectors - crude oil, natural gas, refinery products, fertilisers, and cement - have been muted. These sectors collectively carry a weight of 52% in the core basket.
この記事は Financial Express Kolkata の January 01, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Financial Express Kolkata の January 01, 2025 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Over 400 flights delayed at IGI due to bad weather
MORE THAN 400 flights were delayed at the airport in the national capital on Friday morning as low visibility conditions due to dense fog disrupted operations, according to an official.
Rohit No More Part Of Selectors' Red-Ball Plan Beyond Australia Tour
At the toss, with Jasprit Bumrah in the middle, and as the Indian XI lined up for the national anthem at the Sydney Cricket Ground (SCG), Rohit Sharma's absence was conspicuous.
DPDP draft rules
One of the standout features of the draft rules is the emphasis on parental consent for processing the data of children under 18.
Rupee decline drives forward premium rates
AS A PART of its exchange rate management measure, RBI has been using other tools like active intervention in the NDF market and conducting mid-tenor buy/sell swaps, selling dollars for a future maturity, thus leaving rupee liquidity and forex reserves partly unaffected.
Gold prices flat at ₹79,700
GOLD PRICES TRADED almost flat at ₹79,700 per 10 g in the national capital on Friday, according to the All India Sarafa Association.
HUL nears deal to buy Minimalist
UNLIKE MOST OF its new-age competitors in the beauty and personal care category, Minimalist is profitable.
Reality check for indices
Indian equity markets ended the week on a pessimistic note due to a strong US dollar, high valuations, and investors adopting a multi-asset strategy. Domestic markets are also facing slower economic growth, sluggish manufacturing, liquidity deficits, and a depreciating rupee. While some sectors saw gains, others experienced significant losses, impacting investor wealth.
Poverty below 5%: Report
One of the reasons for the increasingly shrinking horizontal income gap between rural and urban and the vertical income gap within rural income classes.
Banks cut down on short-term bonds
EYE LONGER DURATION ON RATE CUT HOPES
Creta EV to run into strong rivals at launch
● It's Hyundai's third electric car after Kona EV and Ioniq 5