Financial Daily from THE HINDU group of publications
Saturday, Oct 22, 2005


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Home Page - Economy
Industry & Economy - Economy


Mining sector pulls down IIP to 7.4 pc in Aug

Our Bureau

New Delhi , Oct. 21

NEGATIVE growth in the mining sector during August has pulled down the overall growth in industrial production to 7.4 per cent against 8.6 per cent in August 2004, according to an official release.

On a cumulative basis, however, the Index of Industrial Production (IIP) for the first five months of the current fiscal grew by 8.8 per cent compared to eight per cent in April-August 2004.

The mining sector registered a negative growth of 1.3 per cent during August against a positive growth of 4.4 per cent recorded in August 2004.

Among the use-base economic sub-groups, consumer durables have shown the highest growth of 13.1 per cent during August.

Growth rate in the manufacturing sector, which has the highest weight in the IIP basket, stood at 8.2 per cent in August against 9.1 per cent in August 2004.

Electricity sector registered a growth of 7.8 per cent in August compared to 7.4 per cent in August 2004.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Tata Safari Dicor

Stories in this Section
Airtel bets on mobile gaming


Mining sector pulls down IIP to 7.4 pc in Aug
Inflation up on costlier manufactured goods
Ranbaxy Q3 net down 90% on pricing pressure
Godrej Consumer Products Q2 net up 60 pc
Infosys lists land use, jobs created
Cisco plans $50-m R&D campus
Sensex bounces back with 134-pt gain
FII inflows here to stay: Chidambaram
`20 pc jump in FDI'

Left to take Govt to task for hike in telecom FDI cap
`SEBI taking steps to make capital market safe for investors'


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line