India's eight core industries rise by over 4 pct in May

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India's eight core industries rise by over 4 pct in May

STORY: India's eight core industries rise by over 4 pct in May DATELINE: July 2, 2023 LENGTH: 0:01:26 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of a coal mine, an oil tank and a fuel station in India STORYLINE: The combined index of India's eight core industries including coal, crude oil, natural gas and petroleum increased 4.3 percent in May as compared to the same month last year, the federal Ministry of Commerce and Industry said on Friday. The production of cement, fertilizers, steel, coal, and refinery products increased in May over the corresponding month of last year, while the others declined, it added. The eight core industries comprise nearly 40.27 percent of the weight of items included in the Index of Industrial Production. Coal production rose 7.2 percent, petroleum refinery production 2.8 percent, fertilizers production 9.7 percent, steel production 9.2 percent, and cement production 15.5 percent, said the ministry in a statement. It further said

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