Output of eight core industries rises 4.2% in April

Tags: News
The output of eight core industries increased 4.2 per cent in April, boosted by higher electricity, fertiliser and cement production.

The coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity sectors had expanded 3.7 per cent in the same month last year. Growth in these industries decelerated to 2.7 per cent in 2013-14.

The eight industries have a combined weight of about 38 per cent in the Index of Industrial Production.

Electricity production increased 11.2 per cent in April, fertilisers 11.1 per cent, cement 6.7 per cent and coal 3.3 per cent, all at a faster pace than a year earlier.

Steel production increased 3.1 per cent compared with 10.1 per cent in the same month last year.

The crude oil, natural gas and petroleum refinery product sectors contracted 0.1 per cent, 7.7 per cent and 2.2 per cent, respectively, in April.

EDITORIAL OF THE DAY

  • Sebi’s guidelines for commodity bourses will help farmers get fair price

    As the timeline for the proposed merger of the Forward Market Commission (FMC) with the Securities and Exchange Board of India (Sebi) comes closer, th

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

M S Swaminathan

State must intervene to end farm distress

The persistence of farmers’ suicides inspite of the several programmes ...

Zehra Naqvi

Why lie, not like, drives Facebook

So much has been written about how social media and ...

Gautam Gupta

It's a 'blog eat blog' world out there

Let me tell you, fashion journalism has truly taken the ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture