Six core sectors grow in May 2021
The combined Index of Eight Core Industries (ICI) in May 2021 grew by 16.8 percent over the corresponding month last year.
The ICI measures combined and individual performance of production in selected eight core industries: coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity.
Six of the eight core industries showed a provisional increase in May 2021, with only crude oil and fertilisers showing a decline in production. The growth is attributed to the low base effect in May 2020 because of the nation-wide lockdown.
The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP).
AstraZeneca Pharma India partners with health-tech firm
Biopharmaceutical company AstraZeneca Pharma India, which clocked revenue of Rs 826 crore in 2020-21, has partnered with Bengaluru-based Docon Technologies to digitise 1,000 clinics across 30 Indian cities.
Docon Technologies operates digital consultation and practice management app Docon. It will equip the selected clinics with customised Electronic Medical Record (EMR) systems. This will enable clinicians to access…
