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Industrial production falls record 16.7% in March on poor show by mining, manufacturing, electricity
•India's industrial production contracted by a record 16.7 percent in March, on account of the poor show by mining, manufacturing and electricity sectors mainly due to the nationwide lockdown, government data showed on Tuesday
IIP grows 4.5% in February, highest in 7 months on higher output in mining, manufacturing and electricity
•The country's industrial output grew by 4.5 percent in February, mainly on account of higher output in mining, manufacturing and electricity sector, government data showed on Thursday
Eight core sectors growth up 5.5% in February, highest in 11 months; coal, refinery products and electricity output up
•Eight core sector industries recorded a growth of 5.5 percent in February, highest in 11-months, mainly due to healthy expansion in output of coal, refinery products and electricity, according to a government data released on Tuesday
Industrial output grows 2% in January, highest in six months on uptick in mining, power sector
•India's industrial production grew at the fastest pace in six months at 2 percent in January, mainly on account of uptick in mining activity and power generation, official data showed on Thursday
Mamata Banerjee writes to Narendra Modi about 'steady reduction' of funds; political ploy to fool people, says BJP
•West Bengal chief minister Mamata Banerjee on Thursday wrote a letter to Prime Minister Narendra Modi, expressing concern over "steady reduction" of Central funds to the state and "inordinate delay" in their release. The BJP called the letter a "political ploy to befool people" ahead of civic polls in the state.
Industrial production shrinks 0.3% in December as manufacturing sector dips; retail inflation rises to 7.59% in January on high food prices
Fp Staff •The food inflation last month was 13.63 percent, compared with (-)2.24 percent in January 2019. However, it is down from 14.19 percent in December.
Sensex, Nifty close at fresh lifetime highs on positive global cues; Infosys rallies 5%, IndusInd Bank among top gainers
•After rallying nearly 300 points to its record intra-day high of 41,899.63, the Sensex settled at a new closing peak of 41,859.69, up 259.97 points, or 0.62 percent.
Will 2020 be year of pharma sector, Infosys panel gives clean chit on whistle-blower complaint; all this and more on Moneycontrol Pro
Moneycontrol •The committee determined that there was no evidence of any financial impropriety or executive misconduct.
Markets surge to record high; Sensex soars 294 points, Nifty above 12,300-mark on positive global cues; Infosys rallies 4%
•In the previous session, Sensex ended 147.37 points, or 0.36 percent, higher at 41,599.72 and the Nifty settled 40.90 points, or 0.33 percent, higher at 12,256.80.
IIP has grown just 0.6% this fiscal so far vs 5% in last year; economic recovery depends on how govt spends in Q4
Dinesh Unnikrishnan123 •It will take a few more months to understand whether the uptick in the November factory output indicates the beginning of a revival trend