Mining Sector
Recent Highlights
All Stories for Mining Sector
Retail inflation spikes to 7-month high of 3.05% in May on costlier food articles; factory output grows 3.4% in April
Fp Staff •The previous high was in October 2018, when the retail inflation print came in at 3.38 percent.
GDP back series data: Having a new base year is fine, but high growth post-demonetisation is surprising
Madan •There can be no discussion on the new base year concept as it is globally accepted.
Rupee recovers 29 paise to 72.60 against dollar on better-than-expected macroeconomic data, easing crude prices
•At the Interbank forex market, the rupee opened with strength at 72.81 and advanced to 72.60 against the dollar, showing a rise of 29 paise over its previous close of 72.89.
Manohar Parrikar seeks Narendra Modi's intervention to address crisis in mining sector in Goa
•the current crisis in the state's mining sector, saying it has impacted 1.5 lakh people and hit iron ore exports worth up to Rs 25,000 crore.
India's GDP, larger developmental process to boost mining sector, says President Ram Nath Kovind
•India's GDP will gain momentum over the coming decades and in turn bolster the mining and minerals sector, President Ram Nath Kovind said
New series WPI, IIP released with base year 2011-12: All you need to know
Fp Staff •The periodical reviews and revisions of the base year of the macroeconomic indicators is aimed at capturing the structural changes in the economy and improving the quality, coverage and representativeness of the indices