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Photo used for representation purpose only. India’s industrial output growth slumped to a five-month low of 4.2% in June, with manufacturing output growth halving to 2.6% from the previous month, and electricity generation easing 2.8% from May’s record high in the face of an abating heat wave. On the basis of end-use, production growth fell…
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A Reuters poll had expected 4.9% growth (Representational) New Delhi: Industrial output rose 5.9% year-on-year in May, government data showed on Friday. Economists polled by Reuters had expected growth of 4.9%. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) Source link
Photo used for representation purpose only. | Photo Credit: K. Pichumani India’s industrial output growth hit a three-month low of 3.7% in June, from a revised 5.3% in May, according to official data, with consumer durables’ production slipping back into contraction mode, and manufacturing growth slowing to 3.1% from 5.8% in May. The data released…
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