Topic
core sector
Business India's Core Sector Grows 5% in June, Fastest in Five Months on Iron Ore Boost
India's expanded core sector grew 5% in June 2026, the fastest pace in five months, driven by a 43.9% surge in iron ore and 9.8% cement growth. Energy-intensive sectors such as crude oil, natural gas, and refinery products continued to contract, while fertiliser production fell for the fourth straight month. The data, based on a revised base year 2022-23, showed Q1 FY27 core sector expansion of 3.6%.
Business India Core Sector Growth Slows to 0.5% in May, Weakest in Seven Months on Energy Contraction
India's index of eight core industries grew only 0.5% in May 2026, the slowest pace since October 2025, dragged down by contraction in coal, crude oil, refining, fertiliser and natural gas. Only cement, steel and power recorded growth. The poor performance, attributed partly to the West Asia conflict, is expected to weigh on the broader Index of Industrial Production (IIP) due later this month, with economists forecasting IIP growth of just 2-3%.
Business Core sector growth slows to 0.5% in May as coal, refinery output contract, TOI Business Desk reports
India's core sector growth decelerated to 0.5% in May, with coal and refinery output contracting, as reported by the TOI Business Desk. The article provides no additional details or supporting data beyond the headline.