The consumer price index (CPI)-based retail inflation for February slipped to 3.61 per cent amid a decline in the rate of price rise in vegetables and protein-rich items.
India's Consumer Price Index (CPI) based retail inflation eased to 4.6 per cent in January from 5.22 per cent in December.This marks a decline of 91 basis points in headline inflation compared to the previous month, making it the lowest year-on-year inflation since August 2024.
India's retail inflation in November was recorded at 5.48%, compared to 6.21% in October, data from the Ministry of Statistics and Programme Implementation said.
In the manufacturing sector, the top three positive contributors were the manufacturing of basic metals (3.0 per cent), electrical equipment (17.7 per cent), and chemicals and chemical products (2.7 per cent) in August.
The Index of Industrial Production (IIP) growth rate for the month of August 2024 is (-) 0.1% which was 4.7% in July 2024.
The index of industrial production (IIP) in India fell to 3.7 per cent in June from the three-month high of…
India's industrial production rose 11.5 per cent in July, according to official data released on Friday.
According to the IIP data, factory output had registered a growth of 4.9 per cent in July 2019.
The decline was led by automobile companies, however, FMCG and pharma stocks gained. At 9.19 a.m., the Sensex traded 175.19 points lower at 36,806.58, from its Friday's close of 36,981.77.
The ongoing earnings result season, along with macro-economic inflation and trade data points, are expected to influence the Indian equity…
