New govt data on industrial production reveals output in 2021-22 surpassed levels of 2018-19 & 2019-20. Data shows employment and wages also rebounded strongly in these sectors.
The UN World Economic Situation and Prospects 2024 report says while India will remain fastest-growing big economy, it faces risks from erratic monsoons & possible oil price spike.
The eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had contracted by 21.4 per cent last May.
According to IIP data released today, manufacturing sector production registered a decline of 8.6%, while the output of mining & power segments fell 9.8% and 1.8%, respectively.
Ministry of Commerce and Industry said coal, cement, steel, natural gas, refinery, crude oil industries experienced substantial loss of production due to Covid.
According to data from the NSO, the manufacturing sector output grew by 1.5 per cent as compared with a rise of 1.3 per cent in the corresponding month a year ago.
According to the National Statistical Office data, manufacturing sector output declined by 1.2 per cent compared to growth of 2.9 per cent in Januaro 2019.
After the illegal detention of Prema Wangjom Thongdok at Shanghai airport, China once again fell back on a deliberate playbook it has used for decades.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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