Macro-Economic Dashboard

  • India’s GDP grew by 6.1% in the Jan-March quarter vs 4.4% in the previous quarter. The growth rate for the financial year 2022-23 is estimated to be 7.2%.
  • India’s GDP now stands at $3.75 trillion: Finance Ministry.
  • Separately, the production growth of eight key infrastructure sectors slowed down to a six-month low of 3.5% in April 2023. This was due to a decline in the output of crude oil, natural gas, refinery products and electricity.
  • In April 2022, the core sector growth was 9.5%. In March 2023, the key infra sectors recorded a growth rate of 3.6%.
  • The growth rate in April was the lowest since October 2022 when the sectors expanded by 0.7%.
  • Industrial production in India increased 4.2% in April 2023 vs 1.1% in March and 6.7% in April 2022.
  • India’s manufacturing growth (PMI) rose to a 31-month high of 58.7 in May.
  • Service industry growth (PMI) stood at 61.2 in May vs 62 in April.
  • 1.3 cr airline tickets were sold in May – India’s air traffic was higher compared to March and April.
  • Wholesale inflation (WPI) stood at -3.48% (prices fell) in May 2023.
  • India’s retail inflation stood at 4.25% in May vs 4.70% in April.
  • Loans given out through fintech companies rose 2.5 times year-on-year to Rs 92,848 cr in the financial year that ended in March 2023: Fintech Association for Consumer Empowerment (FACE).

[download_after_email id=”998″]

This analysis has been compiled by obtaining data from Iman Resources’ sources.

#ImanResources#IndiaImports#CoalImport#PCI#CokingCoal#imports #thermalcoal #coalindia  #coaldemand #anthracite #powergeneration

© Iman Resources. Republishing permitted with credit