Saturday, July 19, 2025

Creating liberating content

Getting a UK visa with an Indian passport feels like

Related News

RBL Bank reported a 46% year-on-year fall in net profit to Rs 200 crore for the June 2025 quarter, as lower core income and narrowing interest margins weighed on its

Union Bank of India on Saturday reported a 12% rise in net profit to Rs 4,116 crore for the April–June quarter of FY26, compared with Rs 3,679 crore in the

ICICI Bank on Saturday reported a 15.9% year-on-year (YoY) rise in consolidated net profit to Rs 13,558 crore for the quarter ended June 2025, compared to Rs 11,696 crore in

Getting a UK visa with an Indian passport feels like applying for Hogwarts: complex, nerve-wracking, and full of paperwork. But once you’ve got that in your passport, it doesn’t just

The Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) will come into force from October 1, Commerce and Industry Minister Piyush Goyal announced

HDFC Bank on Saturday reported a 1.31% decline in consolidated net profit to Rs 16,258 crore for the June 2025 quarter, down from Rs 16,475 crore in the year-ago period,

Trending News

Union Bank of India on Saturday reported a 12% rise in net profit to Rs 4,116 crore for the April–June quarter of FY26, compared with Rs 3,679 crore in the

ICICI Bank on Saturday reported a 15.9% year-on-year (YoY) rise in consolidated net profit to Rs 13,558 crore for the quarter ended June 2025, compared to Rs 11,696 crore in

HDFC Bank on Saturday reported a 1.31% decline in consolidated net profit to Rs 16,258 crore for the June 2025 quarter, down from Rs 16,475 crore in the year-ago period,

Niti Aayog has recommended a major policy shift in the country’s global investment landscape, proposing that Chinese entities be allowed to acquire up to a 24% stake in Indian companies

US President Donald Trump on Friday signed the “GENIUS Act,” a new law aimed at regulating payment stablecoins, marking a significant step toward bringing legitimacy and oversight to the cryptocurrency

MUMBAI: Reliance Industries, India’s largest company in terms of market value, reported a 76% increase in quarterly profit to Rs 30,681 crore on Friday, led by gains from the sale

Core sector slowdown: Core industries index slips to nine-month low of 0.7% in May; crude, gas and electricity drag index despite cement, steel gains

Word Count: 535 | Estimated Reading Time: 3 minutes


Core sector slowdown: Core industries index slips to nine-month low of 0.7% in May; crude, gas and electricity drag index despite cement, steel gains

India’s eight core infrastructure sectors grew by just 0.7% in May 2025, marking the slowest pace in nine months, according to official data released by the commerce ministry on Friday.The previous low was recorded in August 2024, when the index had contracted by 1.5%. In April this year, core sector growth had come in at 1%. The eight sectors had expanded by 6.9% in May 2024.The Index of Eight Core Industries (ICI) — which makes up 40.27% of the Index of Industrial Production (IIP) — was pulled down by contractions in crude oil, natural gas, fertilisers, and electricity. The data was released by the Department for Promotion of Industry and Internal Trade (DPIIT).During April–May FY26, the combined growth in the eight sectors stood at 0.8%, sharply lower than 6.9% in the same period last year.Among the individual sectors:

  • Cement output rose 9.2% YoY in May, while steel production expanded 6.7%
  • Coal and refinery products grew at 2.8% and 1.1% respectively
  • Crude oil production contracted 1.8%, natural gas fell 3.6%
  • Fertiliser output slipped 5.9%, while electricity generation dropped 5.8%

The government will release the full IIP data later next month, which includes manufacturing, mining and electricity indices in addition to the eight core sectors.





Source link

Sign In

Welcome ! Log into Your Account