18-July-2024
Economy News
 
The positive side of India’s heat wave, industrial production to stay steady around 5% level: Economists
21-Jun-2024

Heat wave is likely to impact farm incomes and inflation negatively, but economists contend that it may end up having a positive impact for industrial production. Experts indicate that industrial growth will likely stay steady around 5% in the coming months, as electricity and coal production will keep the sector humming. Electricity has a 8% weight in the index, whereas mining account for 14.4% share.

News Source:- https://www.moneycontrol.com/news/business/economy/the-positive-side-of-indias-heat-wave-industrial-production-to-stay-steady-around-5-level-economists-12752938.html