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International
India's Industrial Production Grows 4.9% in April
India's industrial production, measured by the Index of Industrial Production, recorded a growth of 4.9% in April, higher than a 3.2% rise in March, according to data released by the Ministry of Statistics and Program Implementation (MoSPI) on Monday.MoSPI has revised the base year of the All India Index of Industrial Production (IIP) from 2011-12 to 2022-23 to better reflect the current industrial structure. The revised series features an updated item basket, revised weights and broader sectoral coverage.The rise in IIP was driven by a 6.2% growth in the manufacturing sector.In the same month last year, India's industrial activity had grown 5.7%.The quick estimate of IIP came in at 118.9 against 113.1 in April 2025.The indices of industrial production for mining & quarrying, manufacturing, electricity & gas supply and water supply, and sewerage & waste management were 104.6, 119.3, 125.5, and 146.1, respectively, in April.
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International
Saudi Arabia's Private Bank Lending Rises 7.2% in April
Saudi Arabia's private bank lending increased 7.2% year over year in April, following a 7.4% growth in March, the Saudi Central Bank said Monday.
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International
Saudi Arabia's M3 Money Supply Up 10% in April
Saudi Arabia's M3 money supply grew 10% year over year in April, following an 8.2% rise in March, the Saudi Central Bank said Monday.
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