India's April core industrial output rises 4.7%
New Delhi, May 31: The output of India's eight major industries accelerated by 4.7 per cent in April from a rise of 4.4 per cent in March, official data showed on Thursday.
"The combined Index of Eight Core Industries stands at 124.2 in April, 2018, which was 4.7 per cent higher as compared to the index of April, 2017," the Ministry of Commerce & Industry said in a statement.
"Its cumulative growth during April to March, 2017-18 was 4.3 per cent."
According to the ministry, the 'Index of Eight Core Industries' (ECI), which represent major sectors like coal, steel, cement and electricity showed an uptrend on a year-on-year (YoY) basis.
The index had registered a rise of 2.6 per cent during the corresponding month of 2017.
The ECI index carries 40.27 per cent weightage of the Index of Industrial Production (IIP) which is the macro-gauge for India's factory output.
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Vehicle rams into divider, power pole on Badami-Udupi stretch; 1 killed, 6 injured
Byndoor: One person was killed and six others were injured in a road accident near Kirimanjeshwara here on Saturday evening, as their vehicle rammed into the divider, and then hit an electricity pole a few meters ahead.
All the seven people, the accident victim, Ramanna, as well as driver Niranjan and passengers Hanumanth, Prajwal, Shivakka, Reshma and Kavya, are learned to be natives of Bagalkot.
The group was returning to Udupi on Saturday evening, after attending a relative's wedding in Badami. The accident reportedly occurred as the driver lost control over the vehicle, which hit the divider and, due to the impact of the collision, hit a power pole about 50 meters ahead on the road.
Ramanna, who was seriously injured in the accident, died on the way to the government hospital in Kundapur. The other passengers and the driver are being treated at the hospital.
Byndoor Police officers have booked a case and are investigating the matter.
