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Nov IIP shrank on weak festive demand, low investment: Experts

Last Updated: Friday, January 10, 2014, 23:41

Weak festive demand and sluggish investment activity led to a slump in factory production in November when the output contracted to a six-month low of 2.1 percent, according to economists.

Analysts see Rajan effecting third hike on December 18

Last Updated: Friday, December 13, 2013, 16:31

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%

Last Updated: Monday, November 25, 2013, 20:01

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

Last Updated: Tuesday, November 12, 2013, 22:31

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

Last Updated: Friday, July 12, 2013, 20:37

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

Last Updated: Wednesday, July 10, 2013, 18:29

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

Last Updated: Thursday, June 27, 2013, 22:15

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

Last Updated: Wednesday, June 12, 2013, 16:47

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

Last Updated: Sunday, June 09, 2013, 11:24

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.

Fin Min 'happy' with IIP pick-up, hopes growth will cross 6%

Last Updated: Friday, May 10, 2013, 14:36

Upbeat over pick-up in industrial growth, Finance Ministry on Friday expressed confidence that with the current trend continuing, the economic growth rate would cross 6 percent in 2013-14.

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

Last Updated: Friday, April 12, 2013, 11:07

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

Last Updated: Tuesday, March 12, 2013, 23:26

"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.