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.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Five suspects held for alleged murder of Congress activist Ganesh Gowda in Chikkamagaluru
Chikkamagaluru: Five activists of BJP and Bajrang Dal were arrested by the Sakharayapatna Police for alleged murder of Congress activist and Sakharayapatna Gram Panchayat member Ganesh Gowda (38) on Friday night, following a fight over a banner.
Three of the arrested men, Sanjay, Bhushan and Mithun, are known to be BJP members.
An argument broke out between two groups in Sakharayapatna of Kadur taluk two days ago regarding a banner for observation of ‘Datta Jayanti’. The argument continued and intensified into a fight on Friday night near a bar in the village. Shortly later, at around 10:30 pm, a group of eight miscreants on motorbikes is learned to have stopped Gowda, who was traveling in a car on the Kalmurudeshwara Mutt Road and attacked him with lethal weapons.
A seriously injured Gowda reportedly died on the spot.
One of the suspects, Sanjay, was also injured in the attack and is being treated at the Chikkamagaluru Mallegowda District Hospital.
Sakharayapatna Police have registered a case and are investigating.
Chikkamagaluru Superintendent of Police Vikram Amte has said that, as precautionary measure, security has been beefed up in the village.
“While four special teams have been formed for investigation, five of the suspects have already been taken into custody. We are still probing the incident,” he added.
