← Top stories
Data▲ Bullish for Indian equities
August IIP Growth Jumps To 8% As Manufacturing, Power Output Surges
The brief
- August IIP growth reached 8%, with manufacturing momentum sustained for a third month
- Electricity output rose 12.3% as mining contracted 5.6%
- Stronger output supports industrial and power-sector companies; contracting mining signals a weaker patch for miners
- IIP growth rebounds to 8% in Aug-26, mining sector contracts
- New indicator for New India: 25 stocks whose numbers can reveal what is in store for the economy and the stock market
- Weekly policy watch: Goyal-Greer meet, IIP, PMI and forex data in focus
- KKR-backed PMI Electro Mobility confidentially files for IPO
- Dollar holds at two-month high as strong US manufacturing data lifts rate-hike bets
India’s industrial output growth in August
India’s industrial output grew 8% in August, up from 6.7% in July. Reports put manufacturing growth at 8% or more for three consecutive months, with the latest citing 9%.
Monday, 28 September
- August IIP Growth Jumps To 8% As Manufacturing, Power Output Surges