Interrupted development: On financial exercise, climate-related occasions
The Index of Industrial Manufacturing (IIP), the nation’s month-to-month barometer of products output, revealed a 10-month low development fee in June, at 1.5%, largely because of the sharp contraction in mining exercise, by –8.7% (10.3% in June 2024), and electrical energy output, by –2.6% (8.6% in June 2024). The early onset of the southwest monsoon,…