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India's industrial growth slows to (-)0.8% in April

India's industrial growth slows to (-)0.8% in April

Pulled down by the poor show by manufacturing and capital goods sectors, the industrial production shrank by 0.8 percent in April in its first decline in three months.

Core sector growth slows down to 2.6% in December 2012

Contraction in the output of natural gas, coal and fertiliser has slowed down the growth of eight core sectors in December 2012 to 2.6 percent, which may have a bearing on the overall industrial production.

India may not be able to achieve NMP targets: CII-BCG report

India may not be able to meet investment target and 100 million job opportunities by 2022 envisaged by the government in the National Manufacturing Policy (NMP) in view of moderating industrial growth, CII said in a report.

Cut lending rates to spur industrial growth: Survey

The Reserve Bank should immediately cut policy rates by 1- 1.5 percent as high interest rates are impacting the business of small and medium units, says a survey by industry chamber Assocham.

Sharp fall expected in industrial growth for April-June quarter

A sharp fall is expected in the growth of industrial sectors such as textile machinery, cement and fertiliser in the April-June quarter owing to the rupee's depreciation, high inflation and fiscal deficit, a study said Sunday.