Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
09 April, 2020 20:21 IST
Eight Core Industries grow 2.2% in January 2020
Source: IRIS | 28 Feb, 2020, 06.51PM
Comments  |  Post Comment

Eight core industries grew by 2.2 per cent on annual basis during January, showed government data released by on Friday. The rise in production for core sectors came on the back of expansion in coal, steel, cement and refinery products sectors. The core sectors had recovered from negative growth in November 2019 after four months of decline.

''The combined Index of Eight Core Industries stood at 137.5 in January, 2020, which increased by 2.2 per cent as compared to the index of January, 2019. Its cumulative growth during April, 2019 to January, 2020 was 0.6 per cent,''PIB release read.

The eight core industries, including coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer