RBI to come out with 'reasoned response' on IIP decline: Rajan
RBI to come out with 'reasoned response' on IIP decline: Rajan

RBI Governor Raghuram Rajan on Wednesday said the central bank will carefully look into the latest data on industrial production, which registered the sharpest decline in 4 years at (-) 3.2 percent in November, and come out with a "reasoned response".

IIP numbers encouraging, govt to continue with reforms: Finance Ministry
IIP numbers encouraging, govt to continue with reforms: Finance Ministry

Showing signs of recovery, industrial output rose to nearly three-year high of 6.4 percent in August on improvement in manufacturing and capital goods.

Address supply-side constraints to tame food prices: Ind Inc

Even as inflation showed a decline, India Inc on Thursday said supply-side constraints should be addressed along with implementation of recent Budgetary proposals for the agriculture sector to check food prices.

Sensex rallies 225 points in early trade; Tata Motors up 8.18%

The 30-share index shot up by 225.27 points, or 0.88 per cent, to 25,744.51 with stocks of auto, realty, consumer durables, power and healthcare sectors leading the rally.

Analysts see Rajan effecting third hike on December 18

The latest retail inflation data which has hit a nine-month high, could force the Reserve Bank of India (RBI) to unleash another 0.25 percent hike in its short-term lending rate, though concerns persist on the growth front, according to analysts here.

Icra sees Q2 GDP growth at 4.6%

The economy may have grown 4.6 percent in the second quarter of the fiscal driven by higher industrial growth and pick-up in exports, rating agency Icra said Monday.

2% rise in industrial output not enough: India Inc

India Inc Tuesday said the rise in industrial output which came in at 2 percent in September was not enough to conclude that recovery is on the cards as manufacturing growth would remain subdued in coming months.

No signs of turnaround; inflation up, IIP and exports down

In a clear signal that Indian economy is not out of woods, the key economic data released Friday revealed contraction in industrial production and exports coupled with near double digit retail inflation.

Govt decides to release IIP, CPI data after market hours

Key macroeconomic data including GDP and IIP numbers will now be released after market hours, in an apparent bid by the government to prevent any knee-jerk reaction to such information.

Foreign assets of Indians climb to $448 bn at March end

The financial assets of Indians held overseas climbed to USD 447.8 billion at end of March this year, amid uncertain domestic economic conditions.

Sensex hits new 2-month low on weak IIP numbers

Brokers said the trading sentiment dampened after industrial output growth slowed to 2 percent in April and retail inflation dropped marginally to 9.31 percent in May from 9.39 percent in April.

Markets may remain volatile; IIP, inflation, rupee key: Experts

Macroeconomic data such as industrial production, movement of rupee and foreign fund investment trends will be key triggers for stock markets this week and indices are likely to see volatile trade, say experts.

IIP growth slows to 0.6% in February; may prompt RBI to cut rates

Sharp slippage in industrial growth to 0.6 percent in February coupled with marginal moderation in retail inflation has raised expectations of a rate cut by the Reserve Bank next month to boost growth.

Economic slowdown is bottoming out: Govt

"IIP figure is encouraging. But we have to do more, both on exports and industrial manufacturing. We feel the downturn is bottoming out," Industry Minister Anand Sharma said, while commenting on the industrial output numbers.

2.4% IIP growth rate in Jan suggests good turnaround: Montek

He said the positive growth in industrial production indicates that the economy has bottomed out and is back on track.

Despite IIP surprise, RBI to cut rates on Tue: Foreign analysts

Credit Suisse Director Robert Prior-Wandesforde in a note said he still expects the monetary authority to slash the repo or short-term lending rate next Tuesday.

IIP growth, inflation data dim rate cut hopes; Sensex down 32 pts

The Sensex, which had lost nearly 100 points in the past three trading sessions, fell further by 31.88 points, or 0.16 percent to 19,355.26.

May industrial growth at 2.4%; April IIP revised to 0.9%

During the first two months of this fiscal, April-May, the industrial growth rate decelerated sharply to 0.8 percent from 6.2 percent in the same period of 2011-12.

Economic slowdown due to external factors: RBI

The Reserve Bank has attributed decline in the economic growth rate to three-year low of 6.9 percent in 2011-12 largely to deterioration in the external environment.

Core industry growth slows to 0.5% in Jan; may impact IIP

A dismal output of crude oil and petroleum refinery products pulled down growth in eight key infrastructure industries to a meagre 0.5 percent from 6.4 percent a year ago.