Thursday, Oct 24 2019 | Time 10:29 Hrs(IST)
image
  • VIP candidate leading over RJD candidate in Simri Bakhtiyarpur
  • Rajasthan Assembly polls: Congress notches early leads
  • BJP establishes early lead in Dharamshala bypolls
  • BJP has emerged as prominent & frontline players in Haryana, Maha: BJP
  • BJP-SS alliance leading in Marathwada region
  • Ruling BJP in lead in Assam by-polls
  • Maha'tra polls: Counting begins for 288 assembly seats
  • Counting begins in HP by-elections
  • Between NCP and Congress, Pawar-led outfit set to put up a better show
  • Counting begins in MP’s Jhabua Assembly constituency
  • Assembly polls: Counting begins in 46 constituencies of Marathwada region
  • It's saffron surge in Maharashtra and Haryana - as per initial trends
  • UP bypolls: Counting begins in 11 assembly constituencies
  • Counting begins in MP’s Jhabua Assembly constituency
  • Counting begins in Bihar bypolls
Business Economy


IIP declines to 3.1 pc in May

New Delhi, Jul 12 (UNI) Index of Industrial Production dipped at 3.1 per cent in May against 3.4 per cent in April 2019, the Government announced on Friday.
The cumulative growth for the period of April-May 2019 over the corresponding period of the previous year stood at 3.7 per cent, data, released by the Ministry of Statistics and Programme Implementation, said here.
The indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for May 2019 stood at 3.2 per cent, 2.5 per cent and 7.4 per cent, the data said..
The cumulative growth in these three sectors during April-May 2019 over the corresponding period of 2018 has been 4.1 per cent, 3.2 per cent and 6.7 per cent respectively.
In terms of industries, 12 out of the 23 industry groups in the manufacturing sector have shown positive growth during the month of May 2019 as compared to the corresponding month of the previous year.
According to the data, the industry group ‘Manufacture of wood and products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials’ has shown the highest positive growth of 24.8 per cent followed by 15.9 per cent in ‘Manufacture of food products’ and 9.4 per cent in ‘Manufacture of computer, electronic and optical products’.
On the other hand, the industry group ‘Manufacture of paper and paper products’ has shown the highest negative growth of (-) 12.2 percent followed by (-) 9.9 per cent in ‘Manufacture of furniture’ and (-) 8.7 per cent in ‘Manufacture of fabricated metal products, except machinery and equipment’.
As per Use-based classification, the growth rates in May 2019 are 2.5 per cent in Primary goods, 0.8 per cent in Capital goods, 0.6 per cent in Intermediate goods and 5.5 per cent in Infrastructure/ Construction Good. The Consumer durables and Consumer non-durables have recorded growth of (-) 0.1 per cent and 7.7 per cent respectively.

UNI SW SB 1751
More News

Gujarat-based Torrent registers 36 pc growth in Q2 net profit

23 Oct 2019 | 7:38 PM

Ahmedabad, Oct 23 (UNI) Gujarat based multinational Pharma major Torrent Pharmaceuticals Ltd (Torrent), on Wednesday recorded a net profit at Rs 244 crore in the the second quarter of the current fiscal, as against Rs 179 crore in Q2 of the last year, up by 36 per cent.

see more..

Diwali gift: Gujarat dairies announce hike in procurement price

23 Oct 2019 | 6:52 PM

Himmatnagar, Oct 23 (UNI) In a Diwali gift of sorts for over six lakh milk producers of North Gujarat, Sabarkantha District Co-operative Milk Producers’ Union Limited (Sabar Dairy) and Banaskantha District Co-operative Milk Producers' Union Ltd ( Banas Dairy), two of the 18 dairies of Gujarat associated with brand Amul, have announced to increase their milk procurement prices.

see more..

Banks sanctions loans worth Rs 327 Cr to 3177 customers during Customer Outreach prog

23 Oct 2019 | 6:04 PM

Hyderabad, Oct 23 (UNI) Banks have sanctioned loans amounting to Rs 327.

see more..

Isuzu Motors India inaugurates 3S dealership facility of Mahavir in Bhimavaram

23 Oct 2019 | 5:54 PM

Vijayawada, Oct 23 (UNI) As part of its rural network expansion, Isuzu Motors India inaugurated a new 3S (Sales, Service & Spares) dealership facility of Mahavir ISUZU at Bhimavaram in West Godavari District of Andhra Pradesh, on Wednesday.

see more..
India, Sweden enjoy strong relationship: Piyush Goyal

India, Sweden enjoy strong relationship: Piyush Goyal

23 Oct 2019 | 5:42 PM

New Delhi, Oct 23 (UNI) Commerce and Industry Minister Piyush Goyal said on Wednesday that India and Sweden enjoy a strong relationship and excellent cooperation in regional and international fora.

see more..
image