India’s manufacturing activity expanded at its fastest pace in more than eight years in September, as a relaxation in coronavirus lockdown restrictions fueled a surge in demand and production, a private survey showed Thursday, though layoffs continued. Signs of recovery are good news for Asia’s third-largest economy, which is expected …
Read More »IIP data: industrial production falls 10.4% in July
(Representative image) NEW DELHI: Industrial production It contracted 10.4 percent in July, mainly due to lower output from the manufacturing, mining and power generation sectors, official data showed on Friday. Explaining the reasons for the fall in the Industrial Production Index (PII), the ministry of statistics and the implementation of …
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