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    UAE skipper Waseem wins ICC Men’s Player of the Month award for May

    UAE skipper Waseem wins ICC Men’s Player of the Month award for May

    Delhi GM Open 2025 to feature S.L. Narayanan, Abhijeet Gupta and top Grandmasters in premier classical showdown

    Delhi GM Open 2025 to feature S.L. Narayanan, Abhijeet Gupta and top Grandmasters in premier classical showdown

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    ‘You've changed the trajectory of this club’: Son on Postecoglou’s sacking

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    SA have well-balanced side, it's going to be another great match: Labuschagne ahead of WTC final

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    Indian junior women’s hockey team to take on Belgium, Australia, and Netherlands in European leg

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    French Open: Sinner hopes Djokovic isn’t retiring, says 'tennis still needs him'

    Shubman Gill-led Indian team lands in UK for Test series against England

    Shubman Gill-led Indian team lands in UK for Test series against England

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Home Economy

Core sector growth slows down to 0.9% in Dec.

Lakshmi Puri by Lakshmi Puri
February 1, 2016
in Economy, Share Market
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ProMASS News Bureau: Feb 1, 2016:

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Growth of the country’s eight core sector industries slowed to 0.9 per cent in December 2015, from 3.2 per cent in December 2014. But the December numbers are better than those in November 2015, when core sector output had contracted 1.3 per cent.

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According to Commerce Ministry data, production of crude oil declined 4.1 per cent, output of natural gas fell 6.1 per cent, and steel output declined 4.4 per cent in December 2015. But coal production increased 6.1% in December, output of petroleum refinery products increased 2.1%, cement production rose 3.2%, electricity generation increased 2.7%, and fertilizer production jumped 13.1 % in December.

Meanwhile, Nifty has ended below 7600 mark and Sensex too remained way below 25000 mark. Experts opined negative bias observed in the Share Market due to RBI monetary policy review scheduled to be held on Tuesday.

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