The output of eight core industries posted a growth of 5.2 percent in March 2024 as the production of cement, coal, electricity, natural gas, steel and crude oil recorded positive growth in the same month. The output of core sectors had grown by 7.1 per cent in February 2024 and 4.1 per cent in January 2024, while it stood 4.2 per cent in March 2023. The Eight Core Industries - coal, crude oil, natural gas, refinery products, fertilizers, steel, cement and electricity - comprise 40.27 per cen...
Output of eight core industries registers growth of 5.2% in March 2024
COPPERCopper prices rose beyond
$8,000 in London on Friday evening as the dollar fell, bringing the metal's
weekly loss to 2.6%. The final MCX Copper price was 706. The three-month copper
contract on the LME finished at $8,044 per metric ton. Markets in China's
largest metals consumer will return on Monday following a week-long public
holiday, while metals consumers, manufacturers, dealers, and brokers will meet
in London for LME Week next week. Copper, which is used in power and buildi...
Weekly commodity outlook - Copper, Gold, Silver, Crude Oil and Natural Gas By Choice Broking
The growth in output of India's eight core industries rose to a 14-month high of 12.1 per cent in August over the same month of the previous year, according to data released by the government on Friday.The expansion in August is the highest since June 2022, when it was 13.2 per cent. In July, the number stood at 8.4 per cent."The production of all Eight Core Industries (namely, Cement, Coal, Crude Oil, Electricity, Fertilisers, Natural Gas, Refinery Products, and Steel) recorded a positive gr...
Core sector growth shoots up to 14-month high in August
