Mumbai, April 23 -- Reserve Bank of India noted in a latest monthly update that among the high frequency indicators of industrial activity, growth in port traffic accelerated in March 2025, driven by higher growth in petroleum, oil and lubricants (POL) and other miscellaneous cargo. The Port Cargo Traffic spiked 13.80% on year in the month, up sharply compared to 3.6% in February. The construction sector reflected a mixed picture though as cement production recorded double-digit y-o-y growth in February while steel consumption recorded a decline in March.

Published by HT Digital Content Services with permission from Capital Market....