INDUSTRIAL GROWTH
India's Modi decade: Industry leaders share stories of how governance impacted their growth
On May 21 in Delhi, leaders from the Tech Industry, startup stars, Unicorns, & Entrepreneurs share India's growth stories. Watch the video to know more.India's Modi decade: Industry leaders share stories of how governance impacted their growth
CII President bats for 'big-ticket' reforms; asks govt to launch schemes like PLI to boost growth
CII president, R Dinesh on April 11 spoke with ANI over industry expectations from the government ahead of the Lok Sabha Elections. He suggested that the government should come up with employment-linked incentive schemes, in line with the Production Lin...
ET Awards 2023 | Rework AOPs with real world issues of losing animal world: Meera Jain, Executive Director, BCCL
Underlining the need to re-orient focus towards the animal world and nature as industrial and corporate growth harp about their growth charts, Meera Jain, Executive Director, BCCL, Emphasising the need to broaden the horizon towards envir...
Inflation declines to 5% in September; factory output rises to 14-month high of 10.3%
India’s domestic economy showed further resilience as inflation declined more than expected to 5% in September after two months of high prices, while industrial production rose to a 14-month high of 10.3%, defying expectations. Inflation declines to 5% in September...
WEF founder Klaus Schwab impressed by India’s growth: 'It's such a successful story'
While addressing an event hosted by the Confederation of Indian Industry (CII) at the 54th annual meeting of the World Economic Forum, WEF’s Founder Klaus Schwab on January 18 hailed India’s growth story and said it’s such a successful story. Professor Klaus Schwab,...
Indian Media Entertainment Industry has annual growth rate of 20 pc: Anurag Thakur at IIFI
Panaji (Goa): Union Information and Broadcasting Minister Anurag Thakur attended the 54th Goa International Film Festival on November 20. While addressing the event he stated that the Indian Media Entertainment Industry is growing with an annual rate of 20 per...
'Reliance will leave no stone unturned to accelerate West Bengal's growth': Mukesh Ambani in Kolkata
Reliance chairman Mukesh Ambani pledges 'unwavering support for the growth of West Bengal'. Mukesh Ambani's speech comes amid CM Mamata Banerjee's push to seek investments for the state. The Reliance chairman and India's richest man was addressing a
India's core sector output rises to 12.7% in June
The growth of eight core infrastructure sectors rose by 12.7% in June against 9.4% in the year-ago period, the Ministry of Commerce & Industry said on Friday. The eight core sectors had expanded 18.1% on an annual basis in the previous month. The production of coal, cement, electricity, refinery prod
India's industrial production growth at 1.3% in January
India's industrial growth in the month of January grew 1.3% year-on-year, according to data released on Friday. It had slumped to a 10-month low of 0.4% in December 2021.India's industrial production growth at 1.3% in January
Britannia Q4 Results Preview: Here's what to expect from FMCG major
The FMCG major Britannia Industries will report its quarterly results on Friday, May 05, 2023. Consumer goods firm is expected to report decent results for the January-March quarter (Q4) of the financial year 2022-23. Watch the video to know more.Britannia Q4 Results Preview: Here's
Retail inflation rises to 5.59% in December 2021; IIP growth remains muted at 1.4% in November
In twin blows for the economy, industrial production remained muted for the third straight month in November 2021 while retail inflation rose to a six-month of 5.59 per cent in December. The Index of Industrial Production (IIP) grew by 1.4 per cent in Nove
'India will become $40 Trillion economy by 2047': Mukesh Ambani
Chairman of Reliance Industries Ltd and President of the Pandit Deendayal Energy University Mukesh Ambani addressed the convocation ceremony of the university on November 22. While addressing the ceremony, Mukesh Ambani exuded confidence in the future of India’s economy, saying that it
India can be a $2 Trillion export economy by 2030: Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal on Oct 16 said that India can achieve a $2 Trillion export economy by 2030. In the next eight years, we wish to see a 3X performance so that we can be a $2 trillion export economy and not only can India achieve this but exceed this by 20
June inflation slows to 6.26 per cent; May IIP at 29.3 per cent
CPI Inflation Rate June, IIP Growth Rate May 2021: The retail inflation, measured Consumer Price Index (CPI) slightly eased to 6.26 per cent in June. Separately, the factory output, measured in terms of Index of Industrial Production (IIP), grew by 29.27 per cent in May.June inflation s
Industrial production grows 1.8% in November after contracting for two successive months
Factory output rebounded course and returned to positive territory after contracting for two consecutive months. The Index of Industrial Production grew at 1.8 per cent for November, a four-month high. The numbers signal that the economy is turning a corner afte
Growth of 8 core sector industries contracts by 6.5 % in March 2020
The output of eight core infrastructure industries shrank by 6.5 per cent in March due to fall in production of crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity amid the coronavirus lockdown. The eight core sectors had expanded by 5.8 per cent in
RIL, Rel Jio Q4 FY22 Preview: Refining and telecom to lead growth
For RIL, refining performance is expected to be strong owing to higher gross refining margins, while telecom performance will be on the back of the full realisation of tariff hikes taken in the last quarter. The Oil & Gas division is expected to benefit on the back of stable productio
August eight core industries growth falls to -0.5%
The eight core industries in August recorded a 0.5 per cent decline in output of coal, crude oil, natural gas, cement, and electricity, according to a government data released on Monday.The eight core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and
IIP data: Industrial production growth slips to 3-month low of 2% in June
Industrial production growth dropped to 2 per cent in June, mainly on account of poor show by mining and manufacturing sectors, according to official data released on Friday. Factory output, as measured by the Index of Industrial Production (IIP), had expanded by 7 per cent in
Revival signs in industrial production, fixed investment: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said there are clear signs of revival of industrial production and fixed investment after economic growth plunged to a six-year low. At a press conference called to announce the third part of the stimulus package for the ec
RIL Q3 Results Preview: Expect strong net profit growth
Reliance Industries, the most valuable company in India, is likely to post a strong set of numbers for the December quarter when it reports its earnings on Friday. The company is estimated to report 10-25 per cent year-on-year (YoY) profit growth and 45-70 per cent growth in revenues, analysts
IIP data: India's industrial growth slips to 3.1% in May
Industrial production grew at 3.1 per cent in May, mainly on account of improvement in power generation, according to official data released Friday. The Index of Industrial Production (IIP) had expanded by 3.8 per cent in May 2018. The expansion in power generation sector stood at 7.4 per cent
Lead indicators point to disappointing Q2 GDP growth: Aditi Nayar
ICRA's principal economist, Aditi Nayar, sheds light on what may hurt the second-quarter GDP growth which will be released on Nov 29. She talks about the pain points, hurting investments and the factors driving down demand. Watch.Lead indicators point to disappointing Q2 GDP growth: A
IIP growth rises to 4.3% in July; August retail inflation at 3.21%
Industrial production growth slipped to 4.3 per cent in July, mainly on account of poor show by the manufacturing sector, according to official data released on Thursday. Factory output, as measured in terms of Index of Industrial Production (IIP), had expanded 6.5 per cent in July 2
February IIP growth drops to 20-month low of 0.1%; CPI inflation at 2.86% in March
Industrial output growth slowed to a 20-month low of 0.1 per cent in February, mainly due to contraction in the manufacturing sector, official data showed Friday. Factory output, as measured in terms of the Index of Industrial Production (IIP), had grown by 6.9 per ce
Packaging industry needs to consolidate more and improve margins: Rajesh Bhatia, UFlex
We are expecting FY22 FMCG industry growth to be between 9% and 11% and that is what will get mirrored in the packaging industry as well, says Rajesh Bhatia, Group CFO, UFlex, in an interview with ET NOW.Packaging industry needs to consolidate more and improve mar
Eight core industries growth rise to 4.8% in October
Growth of eight infrastructure sectors improved sequentially to 4.8% in October on the back of strong cement, coal and crude oil output. India’s infrastructure sector growth slowed to 4.3 per cent in September hit by a decline in crude oil and fertiliser production and sluggish performance of coal
Factory output growth plunges to 17-month low of 0.5% in November
Industrial output growth dropped to a 17-month low of 0.5 per cent in November on account of contraction in manufacturing sector, particularly consumer and capital goods. Factory output as measured in terms of the Index of Industrial Production (IIP) had grown by 8.5 per cent in Novem
Core sector growth slows down to 2.1 per cent YoY in February
The growth of eight core sectors slowed down to 2.1 per cent in February due to fall in output of crude oil and refinery products, official data showed Monday. Eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- ha
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