Last Updated: Thursday, December 12, 2013, 22:30
Adverse base effect and weak manufacturing sector growth led to contraction in India's industrial production in October, say economists.
Last Updated: Thursday, December 12, 2013, 18:44
Weak local stocks and sustained dollar demand from importers led the rupee to its biggest fall in a month Thursday, closing 58 paise lower at 61.83 against the US currency.
Last Updated: Thursday, December 12, 2013, 17:31
India's Industrial output growth contracted by 1.8 percent in October, a sign the economy remains fragile despite a modest rebound in the September quarter.
Last Updated: Thursday, December 12, 2013, 16:56
The 50-share NSE index Nifty dropped by 70.85 points, or 1.12 percent, to close at 6,237.05
Last Updated: Tuesday, November 12, 2013, 18:11
After remaining flat in August, industrial production is showing signs of recovery as the output grew by two percent in September, mainly on account of better performance by power and mining sectors.
Last Updated: Saturday, October 12, 2013, 00:12
"I see improvement (in IIP numbers) coming along as we go further during the year. I am hoping a better performace in the second half of the year," Rangarajan said here.
Last Updated: Friday, October 11, 2013, 18:40
Factory output, which showed some signs of recovery after recording a growth of 2.8 percent in July, remained almost flat year-on-year because of a slump in production of consumer goods and durables.
Last Updated: Friday, October 11, 2013, 17:37
Industrial production growth slowed to 0.6 percent in August this year, mainly due to poor performance of manufacturing sector and capital goods segment.
Last Updated: Saturday, September 14, 2013, 09:28
A historical study of market movement in the last six months shows that markets have moved in opposite direction to that of economic data.
Last Updated: Thursday, September 12, 2013, 20:46
Enthused by return of industrial growth in the positive zone, India Inc Thursday asked RBI to cut interest rates in the monetary policy review next week to attract much-needed investments and give growth a leg up.
Last Updated: Thursday, September 12, 2013, 18:30
After contracting for two straight months, industrial production entered the positive zone in July, recording a growth of 2.6 percent on account of improved performance of manufacturing and power sectors.
Last Updated: Thursday, September 12, 2013, 17:41
Showing a small light of hope amidst a bleak Indian economy, the index of industrial production (IIP) for the month of July expanded by 2.6 percent, government data showed Thursday.
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