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Industrial production growth slips to 3-month low in April

Industrial production growth slips to 3-month low in April
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Industrial Growth Slows to 3-month Low in Sept

Indias industrial growth dropped more than expected in September to 5.8% from a 14-month high of 10.3% in the preceding month, hit by an unfavorable base effect magnified by a shift in the festival calendar. Excess rainfall in September also disrupted output, impacting growth.

Paras jasraiAditi nayarMadan sabnavisRahul bajoriaSunilk sinhaSociety of indian automobile manufacturersIndustrial productionIndian automobile manufacturers

industrial growth: Industrial growth eases to a three-month low in September; experts say expect a bounce back in October

Industrial growth in India eased to a three-month low of 5.8% in September, down from 10.3% in the previous month, due to excess rainfall and a high base. However, experts suggest that growth is expected to rebound in October, with high-frequency indicators showing improvement.

Rahul bajoriaAditi nayarMadan sabnavisSunilk sinhaParas jasraiServices taxSociety of indian automobile manufacturersIndian automobile manufacturersIndustrial growthGoods and services taxBank of barodaIndia manufacturing

Wholesale inflation hits 6 month high in Sept but stays in negative

Wholesale inflation hits 6 month high in Sept but stays in negative
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Rajani sinhaSunilk sinhaMinistry of commerceWholesale price indexChief economist rajani sinhaChief economistIndia ratingsMiddle eastConsumer price indexReserve bank

Investment growth comes up short despite govt s capex push

Investment growth moderated slightly in the economy during the first quarter (Q1) of the current financial year (2023-24, or FY24), notwithstanding the front-loading of capital expenditure (capex) by the Centre. This was also the case despite a pick-up in demand during the period after two dismal consecutive quarters. Although growth in gross fixed capital formation (GFCF), representing investment, fell to a five-quarter low of 7.96 per cent, the comparison with the first two quarters of the previous year is a bit askew due to the low year-on-year (Y-o-Y) base of those periods.

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