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Weekly economic indicators: Power generation, traffic congestion dip

Other indicators too declined in the festive season from their gains in earlier weeks

power, electricity, IIP, demand, discoms, distribution, companies, firms, transmission, transformer, workers
'ARCs will bleed companies dry,' says a promoter of one company.

Power generation and traffic congestion numbers were lower on a relative basis compared to last week’s figures as large parts of the country geared up for Diwali. Other weekly indicators too showed signs of slowing down. Business Standard tracks pollution levels, goods carried by the Indian Railways, visits to various categories of places including workplaces and retail and recreational spots; in addition to power generation and traffic numbers. They help provide a more current picture of the economy ahead of the release of official figures which appear with a lag. Analysts ...