Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Industrial expansion fell to 4.9% in April 2025.
Manufacturing and mining production decelerated.
Slow growth in capital goods and consumer durables.
Industrial growth in India slowed to 4.9% in April 2025, its weakest pace in eight months. Manufacturing increased 4.5%, mining 5.1%, and electricity 6.2%.
Major pointers such as capital goods (3.6%) and consumer durables (1.9%) recorded subdued performance due to weak investment demand and risk-averse consumer spending.
Experts point to global uncertainties and supply issues as the key drags, even as underlying domestic demand is steady. The government should closely monitor this trend and step in if required.
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