Industrial output growth dropped to a 17-month low of 0.5 per cent in November on account of contraction in manufacturing sector, particularly consumer and capital goods. Factory output as measured in terms of the Index of Industrial Production (IIP) had grown by 8.5 per cent in November 2017, as per data released by the Central Statistics Office (CSO) Friday. The previous low was in June 2017, when IIP growth contracted by 0.3 per cent. The growth for October 2018 was revised upwards to 8.4 per cent from 8.1 per cent..
Industrial output growth dropped to a 17-month low of 0.5 per cent in November on account of contraction in manufacturing sector, particularly consumer and capital goods. Factory output as measured in terms of the Index of Industrial Production (IIP) had grown by 8.5 per cent in November 2017, as per data released by the Central Statistics Office (CSO) Friday. The previous low was in June 2017, when IIP growth contracted by 0.3 per cent. The growth for October 2018 was revised upwards to 8.4 per cent from 8.1 per cent.
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Finance Minister Nirmala Sitharaman Saturday said inflation is under control and there is a clear sign of revival of industrial production. Addressing the third press conference to announce measures to boost economy, the minister said inflation has been kept 'very much' below 4 per cent. Listen-in. (Text: PTI)
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Growth of eight core sectors slowed down to 2.6 per cent in December 2018 on account of negative growth in expansion of crude oil, refinery products and fertilisers. According to Commerce and Industries ministry, coal, natural gas and steel output grew by 0.9 per cent, 4.2 per cent and 13.2 per cent, respectively. During April-December 2018-19, the eight sector recorded a growth of 4.8 per cent as compared to 3.9 per cent in same period of previous fiscal.
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സൗദിയെ പിന്തള്ളി യു.എസ്
എണ്ണ ഉല്പ്പാദനത്തില് ഈ വര്ഷം തന്നെ അമേരിക്ക സൗദിയെ മറികടക്കും
എണ്ണ ഉല്പ്പാദനത്തില് ഈ വര്ഷം തന്നെ അമേരിക്ക സൗദിയെയും, റഷ്യയെയും പിന്നിലാക്കുമെന്ന് റിപ്പോര്ട്ടുകള്. അന്താരാഷ്ട്ര ഊര്ജ ഏജന്സിയുടെതാണ് ഈ റിപ്പോര്്ട്ട്.നിലവില് ദിനംപ്രതി 99ലക്ഷം വീപ്പ എണ്ണയാണ് യു.എസ്. ഉത്പാദിപ്പിക്കുന്നത്. അമ്പതാണ്ടിനിടെയിലെ ഏറ്റവുംഉയര്ന്ന തോതാണിത്. ഇത്തരത്തില് മുന്നോട്ടുപോയാല് ഇക്കൊല്ലം ദിവസം ഒരുകോടി വീപ്പയിലേറെ എണ്ണ ഉത്പാദിപ്പിക്കും. ഇതോടെ സൗദി മൂന്നാംസ്ഥാനത്തേക്ക് തള്ളപ്പെടും. റഷ്യയും യു.എസുമായുള്ള മത്സരം മുറുകും. 2014ല് ഇടിഞ്ഞ അസംസ്കൃത എണ്ണവില ഇപ്പോള് വീപ്പയ്ക്ക് 70 ഡോളര് (4,468 രൂപ) എന്നനിലയില് മെച്ചപ്പെട്ടിട്ടുണ്ട്. എണ്ണവില ഉയരുന്നതിനാല് അമേരിക്ക ഉല്പ്പാദിപ്പിക്കുന്ന ഷെയ്ല് എണ്ണയോടുള്ള താത്പര്യം കൂട്ടി. എണ്ണവില കുറഞ്ഞപ്പോള് ഒപെക് രാജ്യങ്ങള് ഉത്പാദനം കുറച്ചിരുന്നു. ഇതില് അംഗമല്ലാത്ത യു.എസ്. ഷെയ്ല് എണ്ണയുടെ ഉത്പാദനം തുടര്ന്നു.ഈ സാഹചര്യത്തില് ഒപെക്കും ഇതില് അംഗങ്ങളല്ലാത്ത എണ്ണയുത്പാദകരാജ്യങ്ങളും തമ്മിലുള്ള സംഘര്ഷം നിലനില്ക്കും റിപ്പോര്ട്ട് പറയുന്നു.
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'Explosive' U.S. oil output growth seen outpacing Saudis, Russia
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Rupee's free fall continues the indian currency sinked to an all time low of 68.80 against the dollar. It is the biggest fall in the currency in last 18 years and has sparked all around panic.
Government efforts to curtail rupee fall have been ineffective.
Foreign investors have sold 1 billion dollars worth indian shares in last 8 sessions although net purchases so far this year total upto 12 billion dollars
There were massive fluctuations in the stock markets.
Gold prices too reacted to the sinking rupee recorded an all time high of over 34 thousand rupees per 10 gms.
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CLOSING BELL: Sensex shrugs off rate cut, plunges 554 points on growth concerns, banks bleed most; Nifty below 11,850; DHFL dives 15%
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The 2008 San Diego Super Indoor Custom Car Show featured more than 300 of the best classic custom cars, hot rods and low riders from Northern California, Los Angeles and San Diego.
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To discourage low-budget tourist, GCCI suggests Govt to raise tax on low-end booze
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The fight of Congress is not for the democracy but for its personal gains. It is trying to do everything possible to stay 'politically relevant'.
Everytime, Congress is going to a new low.
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IND vs SA | World Cup T20 2024 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs South Africa in the World Cup T20 2024 season! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
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IND vs BAN | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Bangladesh in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
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IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
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IND vs SL | T20 | Final | Match Preview and Stats | Fantasy 11 | Crictracker
Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
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