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The output of eight core industries grew by 3.6 percent in March 2023, the slowest in the last five months. In the year-ago period, the core sectors had grown by 4.3 percent. The growth rate in March has halved as compared to the preceding month of February 2023, when it stood at 7.2 percent. The plunge in March was driven by a decline in the output of three key sectors - cement, electricity and crude oil. The Eight Core Industries - coal, crude oil, natural gas, refinery products, fertilizer...
Output of eight core industries grows by 3.6% in March 2023
In line with good performance of the power, mining and manufacturing sectors, India's industrial production growth perked up slightly to 5.2 per cent in January 2023 from 4.7 per cent in December 2022. There was an improvement on an annual as well as sequential basis. The factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 2 per cent in January 2022. For the month of January 2023, the Quick Estimates of IIP with base 2011-12 stood at 146.5. For the...
India`s industrial production growth inches up to 5.2% in January
Japan's economic growth in the October to December 2022 quarter was downgraded, owing to private consumption increasing less than previously thought, the government said in a report on Thursday. According the Cabinet Office, the country's economic expansion was downwardly revised from 0.6 per cent to an annualised real 0.1 per cent, reports Xinhua news agency. On an inflation-adjusted basis, real gross domestic product (GDP) on a quarterly basis was revised down from 0.2 per cen...
Japan`s GDP growth downgraded to annualised real 0.1% in Q4 2022
The Maharashtra economy is expected to grow by 6.8 per cent during 2022-2023, as per advance estimates, while the Indian economy is expected to grow by 7.0 per cent, said the state Economic Survey here on Wednesday. During the year, the agriculture and allied activities sector will grow by 10.2 per cent, industry sector by 6.1 per cent and services sector by 6.4 per cent, as per the Economic Survey - 2022-2023, released on the eve of the state Budget to be tabled on Thursday. According ...
Maharashtra economy set to grow by 6.8% in 2022-2023, says state Economic Survey
How Much of Your Income Should be Saved? Is it essential to save? Of course, it is! Saving is a by-product of better finances; without it, everyone would be insolvent or bankrupt. Unfortunately, there are times when our expenditure exceeds the income - and it would not be possible to save. But that would not always be the case, right? Do you know when the major question would arise? When you start saving, the question is, "how much should I save?" Of course, this is a relative...
How Much of Your Income Should be Saved?
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