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Industrial growth slows to 3 8% in January; manufacturing decelerates

Industrial growth eased to 3.8% in January due to a manufacturing slowdown and slower public capex spending. Mining expanded 5.9% and electricity production increased 5.6%. Manufacturing growth eased to 3.2% in December. The factory output in January was 14.0% higher than the pre-COVID level.

Rajani sinhaSunil kumar sinhaParas jasraiRahul bajoriaSunil kumarIndustrial growthGovernment dataElectricity production

Industrial growth slowed to 3 8% in January - The Hindu BusinessLine

Industrial growth slowed to 3 8% in January - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Aditi nayarParas jasraiDharmakirti joshiSunil kumar sinhaNational statistical officeIndustrial productionGross value addedKumar sinhaSenior directorPrincipal economistSenior analystIndia ratingsChief economist

CAD likely to touch year s high at 1 2% in Q3: India Ratings - Economy News

CAD likely to touch year s high at 1 2% in Q3: India Ratings - Economy News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Paras jasraiSunil kumar sinhaIndia ratingsPrincipal economistSenior analyst

capital expenditure: States capex focus pivots away from roads to social services

States are expected to reduce their capital expenditure on roads in FY25, focusing more on social services like public health and education. This shift is partly due to the post-pandemic realization of the need to develop human capital. States are also aiming to meet their fiscal targets, with some compromising on road spending to achieve this. While overall spending on roads by states is set to increase, the growth rate is slowing down compared to previous years. The central government is also expected to reduce its spending on roads in FY25.

Andhra pradeshMadhya pradeshParas jasraiMadan sabnavisUnion territories utsUnion territoriesIndia ratingsCapex focus pivots away

India s Modi pledges $15 billion spending splurge as elections near

PM Modi sanctioned $15 billion for infrastructure projects, aiming to boost support ahead of upcoming national elections. However, the opposition Congress party remained unimpressed with the initiative.

Andhra pradeshTamil naduNarendra modiHimanta biswa sarmaJairam rameshParas jasraiJawaharlal nehruBharatiya janata partyPrime minister narendra modiWest bengalPrime minister jawaharlalAssam chief minister himanta biswa sarmaIndia ratings