Domestic demand showing signs of recovery, US tariff hikes risk to GDP growth: CRISIL
India's domestic demand is showing signs of recovery, supported by several positive developments, according to a recent report by Crisil.
India's domestic demand is showing signs of recovery, supported by several positive developments, according to a recent report by Crisil.
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 combined Index of Eight Core Industries (ICI) increased by 7.8 per cent in November 2023 as compared to the Index of November last year, the Ministry of Commerce & Industry said on Friday.
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.