Infra sector growth slows to 2.9% in Feb; fiscal deficit reaches 86% in April-Feb of FY25

Infra sector growth slows to 2.9% in Feb; fiscal deficit reaches 86% in April-Feb of FY25

Key infrastructure industries slow to 2.9% in February, fiscal deficit at 86%, tax collections up 11%, capex down 35.4%.

India to grow at 6.5% in FY26: EY Report

New Delhi, Mar 30 (PTI) The Indian economy is likely to grow at 6.5 per cent in the fiscal year starting April 1, EY Economy Watch said, emphasising that a well-calibrated fiscal strategy that supports human capital development while maintaining fiscal prudence could significantly enhance long-term growth prospects. The March edition of EY Economy Watch projects India's real GDP growth at 6.4 per cent in FY25 (April 2024 to March 2025 fiscal yea…

India's core sector growth slows in February | DH Latest News, DH NEWS, Latest News, India, NEWS , Index of Industrial Production, Core sector, Index of Industrial Production (IIP), core sectors, Eight core sectors, Index of core sectors

New Delhi: India’s core sectors’ output growth slowed down to 2.9% in February. This is the slowest monthly pace in five months. A year ago, in February 2024, core sector output had expanded at 7.1%. The IIP grew at 5% in January, up from 3.2% in the previous month. Eight core sectors include coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity. The ICI is calculated after considering the combined and indivi…

India’s Core Sector Growth Slows to 2.9% in February, Hits Five-Month Low I Economy India

Decline in Key Industries Raises Concerns Over Industrial and Economic Growth NEW DELHI (Economy India): India’s core sector growth slowed to 2.9% in February 2024, the lowest in five months, according to official data released on Friday. This sharp decline, compared to 7.1% in February 2023 and 5.1% in January 2024, has raised concerns about the country’s industrial momentum. The eight core industries—coal, crude oil, natural gas, refinery prod…

Last month the growth rate declined to 2.9 percent which is the lowest in the last five months Business News Hindi (Aaj Samaj), Business Desk: The last month i.e. February did not prove to be good for the infrastructure sector which plays a major role in India's development. According to the data released on Friday, the growth rate of the country's infrastructure sector reached its lowest level in the last five months and it was recorded at only…

Poder360, in partnership with CBIE (Brazilian Infrastructure Center), launches this Friday (March 28, 2025) another episode of Infra em 1 Minuto, a weekly analysis program by Pedro Rodrigues, a partner at the consultancy and an oil and gas specialist. The program is published every week on Poder360's YouTube channel. Subscribe here and activate notifications. Registration form Poder360's free alerts I agree to the terms of the LGPD. Subscrib…