Business

Industrial output growth falls to 2 percent in April

IANS

India's industrial output growth fell to 2 percent in April due to sluggish performance of manufacturing and mining sectors, government data showed Wednesday.

The factory output measured in terms of the Index of Industrial Production (IIP) registered a growth of 2 percent in April as compared to 2.5 percent registered in the previous month, according to data released by the Central Statistics Office (CSO) here.

Growth of the manufacturing sector declined to 2.8 percent in the month under review as compared to 3.2 percent registered in March.

The mining sector continued to remain a big drag as output declined by 3 percent in the first month of the current financial year.

Electricity production grew by a sluggish 0.7 percent.

‘Shut down entire country if govt fears youth’: Dipke slams Centre over train cancellations ahead of CJP protests

Delhi Police denies permission for CJP's Jantar Mantar protest; asks DMRC to close 57 metro stations

Bypoll results LIVE | BJP takes massive lead in Nagaon, Nandigram; TVK leads in two TN seats as NR Congress wins Thattanchavady

Indian-origin Navanethem 'Navi' Pillay wins Nobel Peace Prize for her work in international justice

‘India doesn’t allow monopoly’: Scindia responds to Musk’s claim that Starlink licence is being blocked