Coal news and updates

India’s core sector index up 6.7% y-o-y in November

January 1: The index of eight core industries, which have a combined weightage of 37.90% in the Index of Industrial Production (IIP), stood at 166.2 in November, 2014, which was 6.7 % higher compared to the index of November, 2013, an official release said, quoting provisional data from the Ministry of Commerce & Industry.

On a cumulative basis, the eight core sectors grew 4.6 % from April to November; 2014-15 was up 4.3% from the same period of previous fiscal, the release said.

Coal production (weight: 4.38%) increased by 14.5% in November, 2014 over November, 2013. The cumulative index during April to November, 2014-15 increased by 9.4% over corresponding period of previous year.

Crude Oil production (weight: 5.22%) declined by 0.1% in November, 2014 over November, 2013. The cumulative index of crude oil during April to November, 2014-15 declined by 0.8% over the corresponding period of previous year.

Natural Gas production (weight: 1.71 %) declined by 2.9% in November, 2014 over November, 2013. Its cumulative index during April to November, 2014-15 declined by 5.3% over the corresponding period of previous year.

Petroleum refinery production (weight: 5.94%) increased by 8.1% in November, 2014 over November, 2013. Its cumulative index during April to November, 2014-15 declined by 0.5% over the corresponding period of previous year.

Fertilizer production (weight: 1.25%) declined by 2.8% in November, 2014 over November, 2013. Its cumulative index during April to November, 2014-15 declined by 1.3% over the corresponding period of previous year.

Steel production (weight: 6.68%) increased by 1.3% in November, 2014 over November, 2013. Its cumulative index during April to November, 2014-15 also increased by 2.2% over the corresponding period of previous year.

Cement production (weight: 2.41%) increased by 11.3% in November, 2014 over November, 2013. Its cumulative growth during April to November, 2014-15 was 8.5% over the corresponding period of previous year.

Electricity generation (weight: 10.32%) increased by 10.2% in November, 2014 over the period of November, 2013 and it registered a cumulative growth of 10.4% during April to November, 2014-15 over the corresponding period of previous year.