Industrial growth during the April-June quarter stood at 6.8 per cent.
The manufacturing sector, which accounts for over 75 per cent of the total weight of the index, grew by just 5.6 per cent in May.
Key macroeconomic indicators suggest softening industrial growth.
Restore macro economic stability
Imports too declined by 16.31 per cent to $37.39 billion.
These are the best value for money bikes in terms of the money they save by using less fuel to run longer distances
India's GDP growth has slowed down to 7.8 per cent for January-March quarter from 9.4 per cent in corresponding period of the previous year.
The PM-elect wants to fix the coal sector; cut coal imports by boosting output.
Vehicle sales have been hampered by weak consumer sentiment and still-weak availability of financing following tighter liquidity at non-banking lenders since the middle of 2018.
Industrial growth slowed to 3.6 per cent in February, 2011, compared to 15.1 per cent expansion in the year-ago period, dragged down by poor performance of manufacturing and mining sectors.
According to the Central Statistics Office data, the jump in the retail inflation based on Consumer Price Index was mainly due to rise in prices of kitchen items like vegetables, meat and fish.
Combined sales at top four manufacturers - Tata Motors, Ashok Leyland, Volvo Eicher Commercial Vehicles, and Mahindra and Mahindra - dropped 20 per cent to 20,324 units in November
In another instance of labour unrest in the automobile sector, Apollo Tyres today announced a lockout at one of its factories, in Kerala's Thrissur district, resulting in an estimated daily loss of Rs 3 crore. This unit constitutes a fourth of Apollo's total daily output.
China is all set to become a major bus manufacturing centre of the world with its production accounting for 22.6 per cent of the world's annual output last year, a report said on Saturday.
Imports also fell for the eighth consecutive months, down 0.75 per cent to $41.14 billion in January, widening the trade deficit to a seven-month high of $15.17 billion.
India's industrial sector grew by 9.1 per cent in September against 6 per cent in the same period last year.
The industrial output for the third month in a row remained in the negative territory, contracting 1.5% in January
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The ball is now in the Reserve Bank of India's court to lift up demand, says Ajay S Shriram.
In case of onions, inflation skyrocketed to 127.04 per cent, while for the eggs, meat and fish segment the rate of price rise was 5.76 per cent.
Vinay Umarji
'The telecom companies are our lifeline now, despite having nearly collapsed under debt because of ill-advised policies.' 'Perhaps our obvious dependence on telecom services will spark well-conceived policies for this sector,' says Shyam Ponappa.
SoftBank-backed Ola Electric took the wraps off its maiden e-scooter offerings -- Ola S1 and S1 Pro -- for a commercial launch on Sunday. With prices starting from Rs 99,999 (excluding state government incentives, registration fee, and insurance cost), the Bhavesh Aggarwal-founded firm said the e-scooters are designed and engineered in India for the world and will deliver the best scooter experience to the consumer. He suggested that after 2025, sale of petrol-powered two-wheelers should not be allowed.
The index monitoring new business fell to a six-month low of 51.6 from March's 53.5, prompting some firms to cut jobs.
Snapping an eight-month trend of double-digit rise, industrial growth slid to 7.1 per cent in June from 8.3 per cent a month ago.
The NSE Nifty settled the day 96.80 points, or 0.94 per cent lower, at 10,224.95
Industrial growth zoomed to 16.8 per cent in December 2009, giving hope to the government that overall economic growth may be faster and rekindling a debate on withdrawal of stimulus packages in the Union Budget.
The projected gross domestic product figure for the current fiscal, as put out by the advanced estimates of the Central Statistical Organisation, is lower than the Reserve Bank of India and the finance ministry's forecasts.
This will help the company cater to markets in the European Union, while availing of the tax incentives there.
'We don't expect any immediate impact on salaried jobs.'
China has zoomed past the United States as the world's biggest auto maker and market with sales exceeding 13.64 million units last year, an industry association said in Beijing on Monday.
It's one of the cheapest options in the market, but is it the one you should buy? Ashish Narsale/Rediff.com finds out.
With factory production, activities across the private sector saw the biggest drop in over three years
The company will showcase the Ioniq electric vehicle at the Auto Expo that begins next week.
'Everyone is confused, lost, worried and unsure about the future.' 'Regular communication from the owners or leaders will keep anxiety at bay for employees.'
Services growth at 5-month low in Nov as confidence slumps.
India's economic growth slipped to 6 per cent in the third quarter of this fiscal compared to 7.9 per cent in the previous quarter, mainly due to contraction in farm output and certain services.
The GDP slumped to a three-year low lagging China for the second straight quarter -- as manufacturing slowed ahead of the GST launch amid demonetisation effect.
Gujarat has around 3,000 licensees for allopathic drug manufacturing, apart from around seven homeopathic licensees, 500 ayuvedic and 600-700 cosmetics licensees
Despite the onset of wedding season, the situation in apparel retail market remained unchanged and saw sharp decline in sales
An empowered group of ministers headed by Defence Minister A K Antony is to consider an Oil Ministry proposal of abolishing the priority ranking later in the day, according to which natural gas is first given to urea manufacturing fertiliser plants, then to LPG units, followed by power plants, city gas, steel and refineries.
