19
Sunday
September 2021
4:23 PM IST
News Headlines
Boxing: Mohammad Hussamuddin sails into QF        Leading garment exporter Kitex Group to invest Rs 2,400 cr in Telangana        Taliban continue restrictive policies on women's education, resume secondary school lessons only for male students        Sidhu is a 'friend of Pakistan', will oppose if he is appointed CM: Amarinder Singh        Schools in Kerala to reopen from Nov 1        Amarinder Singh resigns as Punjab CM, says will not accept Sidhu for top post        Sachin stuns World Championships medallist Gaurav Bidhuri        Sensex, Nifty snap winning streak, end in red        Rahul attacks BJP govt over unemployment issue        International community must think carefully, consult before giving acceptance to new Kabul regime: PM Modi        Kerala to allot 36.84 acres land to TCS, aims to create 10,000 jobs        GST Council relief for Covid drugs, plan to include petrol, diesel in GST net off the table        Vishal Bhardwaj, Netflix come together for their upcoming spy thriller Khufiya        Kohli to step down as T20I captain after T20 WC, will continue as ODI & Test skipper        Bringing diesel, petrol in GST may be discussed in Council meeting, also on agenda is taxing Swiggy, Zomato        Australia, UK, US announce new partnership 'AUKUS'; to help Canberra acquire nuclear-powered subs        Six states including UP, Delhi and Haryana report dengue outbreak: Govt        PDP leader Poonthura Siraj passes away        Delhi-Katra road journey to be reduced to 6 hours: Gadkari        HC grants anticipatory bail to Punjabi singer Gurdas Maan        
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | Health   | About Deepika 
Business News
India's industrial production grew 11.5 per cent in July on low base, recovery
 
New Delhi, India's industrial production rose 11.5 per cent in July, 2021 helped by low base last year due to lockdown restrictions to contain pandemic.

As per Quick Estimates of Index of Industrial Production (IIP) released by National Statistical Office (NSO), manufacturing sector output which accounts for 77.63 per cent of the IIP grew 10.5 per cent while mining surged 19.5 per cent during July.

Electricity generation grew by 11.1 per cent during this period.

The Index of Industrial Production (IIP) in July stood at 131.4. The IIP for the mining, manufacturing and electricity sectors for the month of July 2021 stand at 104.6, 130.9 and 184.7 respectively.

Aditi Nayar, Chief Economist at ICRA said that industrial output in July 2021 trailed the pre-Covid level by a marginal 0.3 per cent on account of the drag imposed by consumer durables on manufacturing, whereas mining and electricity posted a healthy growth relative to their July 2019 levels.

"On an encouraging note, all the use-based categories except consumer durables recovered to or above their pre-Covid levels in July 2021," she said.

The output of capital goods grew 29.5 per cent in July, compared to a decline of 22.8 per cent in the same month last year.

The data showed the output of consumer durables increased 20.2 cent in July this year as against a decline of 23.7 cent in the same month a year ago.

Consumer non-durables output slipped 1.8 per cent in July 2021 compared to a growth of 1.8 per cent in the same month last year.

"The YoY (year-n-year) contraction in consumer non-durables in July 2021 for the second month in a row struck a discordant note, although this was partly driven by an unfavourable base related to restocking after the first wave," ICRA's Nayar said.


Leading garment exporter Kitex Group to invest Rs 2,400 cr in Telangana
Sensex, Nifty snap winning streak, end in red
Bringing diesel, petrol in GST may be discussed in Council meeting, also on agenda is taxing Swiggy, Zomato
PepsiCo set up food plant in Mathura
Without GST documents Arecanut transporting vehicles seized
Wipro and First Horizon Bank forge a cloud-based fintech future for virtualBank
Mahindra XUV700 makes a pitstop in Bengaluru
FADA expresses shock over Ford India's announcement to stop manufacturing vehicles in India
FICCI, PHDCCI welcome PLI for textile sector
Domestic air passenger traffic up 31% at 66 lakh in Aug on higher capacity deployment: ICRA
Jio completes 5 yrs of operations; tech world congratulates
Hero MotoCorp and Harley-Davidson expand customer touch points, open bookings for next lot of ‘Pan America 1250’ adventure bike
Rupee inches 3 paise higher to 73.03 against US dollar in early trade
HDFC Life to acquire Exide Life Insurance for Rs 6,687 crore
M Suresh takes over as Member (Air Navigation Services) at AAI
Tata Motors launches Tigor EV with price starting at Rs 11.99 lakh
Google removes 95,680 content pieces in July in India: Compliance report
Maruti Suzuki announces hike in car prices from September citing high input costs
Asian stocks mixed ahead of possible Fed guidance
Apple loosens app store payment rules in lawsuit settlement
KERALA NEWS
Schools in Kerala to reopen from Nov 1
 Thiruvananthapuram, Schools in Kerala will be reopened from November 1, Chief Minister Pinarayi Vija  
Kerala to allot 36.84 acres land to TCS, aims to create 10,000 jobs
PDP leader Poonthura Siraj passes away
Rajya Sabha MP Suresh Gopi courts controversy
INTERNATIONAL NEWS
Taliban continue restrictive policies on women's education, resume secondary school lessons only for male students
 Kabul, Since capturing power more than a month ago the Taliban has been imposing restrictive rules f
International community must think carefully, consult before giving acceptance to new Kabul regime: PM Modi
Australia, UK, US announce new partnership 'AUKUS'; to help Canberra acquire nuclear-powered subs
Female footballers from Afghanistan flee to Pakistan to escape Taliban
NATIONAL NEWS
Sidhu is a 'friend of Pakistan', will oppose if he is appointed CM: Amarinder Singh
 Chandigarh, Captain Amarinder Singh, who resigned as the chief minister of Punjab on Saturday, accus
Rahul attacks BJP govt over unemployment issue
Six states including UP, Delhi and Haryana report dengue outbreak: Govt
Right time for ‘take off’ on CIS- India relationship: Jyotiraditya Scindia
Untitled Page
Rashtra Deepika LTD
Copyright @ 2021 , Rashtra Deepika Ltd.