India's industrial output, based on the Index of Industrial Production (IIP), posted a 2.9 per cent growth in February this year compared to the same month of the previous year, according to data released by the Ministry of Statistics on Friday.
Power demand in India surged in March as the temperature rose and the demand from industrial and commercial consumers soared, according to a Crisil Intelligence report released on Thursday.
Union Home Minister Amit Shah on Wednesday said that external pressures would not cause panic among Indian citizens as the domestic economy remains resilient despite global uncertainties, as US reciprocal tariffs came into effect.
Because of the importance of India’s pharmaceuticals to US healthcare, those exports will get a reprieve from President Donald Trump’s reciprocal tariffs, according to the White House.
