Coal news and updates

India’s core sector index up 2.4% y-o-y in Dec

February 3: The index of eight core industries, which have a combined weightage of 37.90% in the Index of Industrial Production (IIP), stood at 172.7 in December, 2014, up 2.4% compared to the index of December, 2013.

On a cumulative basis, the eight core sectors grew 4.4% in April-December, 2014-15 against the same period last year.

Coal production (weight: 4.38%) increased 7.5% in December, 2014 over December, 2013. The cumulative index during April-December, 2014-15 increased 9.1% over the corresponding period of the previous year.

Crude oil production (weight: 5.22%) declined by 1.4% in December, 2014 over December, 2013. The cumulative index of crude oil during April-December, 2014-15 declined 0.9% over the corresponding period of the previous year.

Natural gas production (weight: 1.71%) declined by 3.5% in December, 2014. Its cumulative index during April-December, 2014-15, declined 5.1% over the corresponding period of the previous year.

Petroleum refinery production (weight: 5.94%) increased by 6.1% in December, 2014. Its cumulative index during April-December, 2014-15 increased 0.2% over the corresponding period of the previous year.

Fertiliser production (weight: 1.25%) declined by 1.6% in December, 2014. Its cumulative index during April-December, 2014-15, declined 1.4% over the corresponding period of the previous year.

Steel production (weight: 6.68%) declined by 2.4% in December, 2014. Its cumulative index during April-December, 2014-15 increased 1.6% over the corresponding period of the previous year.

Cement production (weight: 2.41%) increased by 3.8% in December, 2014. Its cumulative growth during April-December, 2014-15 was 7.9% over the corresponding period of the previous year.

Electricity generation (weight: 10.32%) increased by 3.7% in December, 2014 and it registered a cumulative growth of 9.7% during April-December, 2014-15 over the corresponding period of the previous year.