Page 2 - Core Sectors
Core sector output slows to a four-month low of 8.1% in September
Experts say pickup in rainfall expectedly flattened the core sector expansion
 "Core sector output slows to a four-month low of 8.1% in September")
Railway Board shifts employees of electrification body to railway zones
The Railway Board has directed that employees of the Central Organization for Railway Electrification (CORE) be shifted to railway zones, citing that its present electrification assignment is ending and no new work has been allotted to it. The CORE had electrified 58,812 route kilometers (RKM) of the Indian Railway's broad-gauge network by March 31, 2023, which is 90 per cent of the total network (65,300 RKM). The present electrification assignment to the CORE is coming to an end and no new work has been allotted to it, the board's office memorandum dated September 11, 2023, stated. "The Ministry of Railways is upgrading track electrification for high speed trains and for that it has approved 2x25 kV electric traction upgrade work, but somewhere I believe that the board is of the view that there is no need to continue with CORE for this project and it can be done by the respective zones," a source in the railways said. The board's direction stated that the magnitude of 2x25 kV ...
 "Railway Board shifts employees of electrification body to railway zones")
Top headlines: Q1 GDP data, core sector output slowed to 8%, and more
Business Standard brings the top headlines at this hour
 "Top headlines: Q1 GDP data, core sector output slowed to 8%, and more")
Core sector output in May expands at 4.3% amid a high base effect
Madan Sabnavis, chief economist at Bank of Baroda, said the continued traction in cement and steel could be attributed to government spending
 "Core sector output in May expands at 4.3% amid a high base effect")
India's core sector growth slows to five-month low of 3.6% in March
In FY23, core sector growth decelerated to 7.6 per cent from 10.4 per cent in FY22. While crude oil output (-1.7 per cent) contracted for the past 11 years and growth in coal (14.8 per cent)
 "India's core sector growth slows to five-month low of 3.6% in March")
Core sector output at 13-month high in May at 18.1% on capex push
The data shows broad-based improvement in core sector growth benefitting from a low base, with the exception of coal
 "Core sector output at 13-month high in May at 18.1% on capex push")
Output of eight core sectors at 3.7% in Jan: Govt data
Production of eight infrastructure sectors expanded by 3.7 per cent in January against 1.3 per cent in the same month last year on better show by coal, natural gas and cement industries
 "Output of eight core sectors at 3.7% in Jan: Govt data")
Core sectors output slows in Nov to 3.1% month-on-month: Govt data
In October, core sectors' output had grown by 8.4%
 "Core sectors output slows in Nov to 3.1% month-on-month: Govt data")
Eight core sectors' output grows to 7.5% in October
The core sector grew 6.9 per cent, compared with the pre-Covid month of October 2019
 "Eight core sectors' output grows to 7.5% in October")
Top headlines: Q2 GDP grows at 8.4%; fiscal deficit at 36.3% of FY22 target
Business Standard brings you the top stories on Tuesday
 "Top headlines: Q2 GDP grows at 8.4%; fiscal deficit at 36.3% of FY22 target")
Eight core sectors' output grows to 7.5% in October
Core sector growth was 4.5% in September
Output of eight core sectors increases 4.4% in September
The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP)
Eight core sectors' output accelerates to 11.6% in August: Govt data
The core sector in August this year recorded a 3.9 per cent rise from the pre-covid August 2019 too
 "Eight core sectors' output accelerates to 11.6% in August: Govt data")
Eight core sectors' output up 11.6% in August year-on-year: Govt data
The industries had contracted by 6.9 per cent in August 2020
 "Eight core sectors' output up 11.6% in August year-on-year: Govt data")
Core sectors' output soars by 56.1% in April due to low base effect
But it is down 15% sequentially due to second wave
 "Core sectors' output soars by 56.1% in April due to low base effect")
Top headlines: India FY21 GDP hits 4-decade low; core sector output rises
Business Standard brings you the top news of the day
 "Top headlines: India FY21 GDP hits 4-decade low; core sector output rises")
Eight core sectors' output grows 56% in April on low base effect
In March this year, the eight sectors had recorded a growth rate of 11.4 per cent.
 "Eight core sectors' output grows 56% in April on low base effect")
At 4.6% in Feb, core industries show sharpest contraction in six months
All the core segments, including coal, crude oil, natural gas, refinery products and fertilisers witnessed a decline in February
Output of 8 core infra sectors contracts 8.5% in Aug, drops for sixth month
Barring coal and fertiliser, all sectors -- crude oil, natural gas, refinery products, steel, cement and electricity -- recorded negative growth in August
 "Output of 8 core infra sectors contracts 8.5% in Aug, drops for sixth month")
Eight core industries output down 4th month in a row, shrinks 15% in June
The eight core sectors had expanded by 1.2 per cent in June 2019, govt data showed
 "Eight core industries output down 4th month in a row, shrinks 15% in June")