The core industries, which also include coal, natural gas, refinery products and crude oil, having a weight of about 38 per cent in the Index of Industrial Production, grew at 3.7 per cent January this year.
The growth of eight infrastructure industries slowed down to 3.1 per cent in July, against 4.5 per cent in the same month last year, mainly due to contraction in crude oil and natural gas production.
The Reserve Bank of India is expected to hold interest rate at 8 per cent in its fifth bi-monthly monetary policy review on Tuesday.
The growth in May 2015 was driven by healthy output.
Analysts polled by Reuters had expected an annual output growth of 3.5 per cent for the month.
Six core infrastructure industries grew 5.1 per cent in April against 3.7 per cent in the same month last year.
Core infrastructure industries grew by 6 per cent in December 2009 against a meagre 0.7 per cent growth a year ago reflecting recovery in the industrial production.
In a moved aimed at bringing inflation under control, the government cut customs duty on 11 product categories, including portland cement, capital goods, project imports and raw materials, late Monday night.
The hike in clean energy cess is likely to impact input cost for thermal power producers
The 46-year-old chairman of the Aditya Birla Group has made at least 28 acquisitions since he took the reins of the group 18 years ago.
Six key sectors-- crude, petroleum refinery products, coal, electricity, cement and finished steel -- showed growth of 5.3 per cent in April-February 2009-10 against 2.9 per cent in the same period last year, an official statement said on Friday.
More is not necessarily better. And, while the moral brigade may be unhappy about this, revealing more -- though less often -- may be the best solution for giving investors the true picture of financial statements and accounts of Indian companies.
Six key sectors -- crude, petroleum refinery products, coal, electricity, cement, finished steel -- showed a growth of 5.4 per cent in April-January 2009-10.
The growth of six core infrastructure industries eased to 1.8 per cent in July, the lowest this fiscal, as petroleum refinery acted as a drag on the sector.
During April-May, growth in the eight core industries slowed to 3.3 per cent as against 4.9 per cent in the year-ago period.
Growth rate of eight core sector industries declined to 1.8 per cent in November, from 7.8 per cent in the same month last year, due to drop in production of coal, natural gas and cement.
This partnership will help us improve our own capability, says Munjal.
The Indian operation of the Swiss food group employs more than 5,000.
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
Check out some of the stocks that will react on the basis of their numbers in the near term.
There is positive correlation between crude oil prices and Indian equities and investors can expect more upside after the recent rally in Brent crude price.
Rathika Ramaswamy's love affair with wildlife photography began in 2003, when she took pictures of birds at the Bharatpur bird sanctuary. That love affair -- captured in her lens -- bloomed! And how!
India's infrastructure industries grew by a faster 8.7 per cent in February 2008, lending hopes of a revival in industrial production growth and in turn a higher rate of economic expansion.
Ramdev made nature-to-goodness products popular, and reaped benefits. Then he seemed to lose focus and the last thing it needs is more distraction, like the passionate founder shooting his mouth off yet again
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The Supreme Court has dismissed the appeal of ACC Cement, ruling that if a product is manufactured by one firm and sold by another with the latter's brand name, that sale would attract sales tax, not the first transaction.
Large investors track high-frequency data that is immediately available today. That data has been bullish, points out Debashis Basu.
In a circular dated May 20, Sebi had directed the listed companies to evaluate the impact of Covid-19 on their capital and financial resources, profitability, liquidity position, assets, and ability to service debt. Instead, companies have spoken about the number of plants, warehouses and distribution centres that have resumed operations; work-from-home and safety measures undertaken for employees; and the labour shortage they are facing.
Birla patriarch, B K Birla's decision to give Kesoram Industries to his grandson Kumarmangalam Birla has brought to focus the possibility of unlocking value in Kesoram through the demerger of its two main businesses - cement and tyre.
India's infrastructure growth slipped to 9.6 per cent in March 2008 from 10.5 per cent in the same month last year. The slowdown in core growth might set back the nation's economic growth, as the 2007-08 Economic Survey had pointed out.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
It was the third and last leg of Modi's three-nation tour to the UK, Sweden and Germany.
India's key infrastructure industries posted a handsome growth of 4.4 per cent in August on the back of a surge in electricity generation, and production of crude oil and petroleum products.
During December 2011, the core sectors recorded a growth of 3.1 per cent against 6.3 per cent same period previous year.
Improved performance of manufacturing, services and trade sectors helped boost GDP
'Quality of management, corporate governance, allocation of capital, full disclosures should form the basis to decide investing in a particular stock.'
Growth in output of coal, cement and electricity slowed to 0.3%.
India's infrastructure sector witnessed a decline in growth at 3.9 per cent last month from 4.1 per cent in January and 4.4 per cent a year ago, mainly due to decline in production in electricity, cement and coal.
This year, Dell will launch new smartphone models and venture into the printers segment to cement its position as a hardware company in India.While the company believes that the biggest growth driver in 2011 will be smartphones, it is also eyeing the enterprise and small business segment with the launch of eight new printers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
