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Thursday, April 30, 2020

Core sector’s monthly fall in March biggest in 8 years

The eight-core sector industries, which account for over 40% of the index of industrial production (IIP), slumped 6.5% in March — the steepest monthly fall since the series was constructed in 2011-12 — as the deadly coronavirus severely hit output across sectors and highlighted the pain ahead for the industrial sector. Coal was the sole segment that recorded growth.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3f7uAU2

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