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Industry demands immediate rate cut as IIP declines in Feb

Last Updated: Friday, April 11, 2014, 22:02

Expressing disappointment over industrial production contracting by 1.9 percent in February, India Inc Friday demanded an immediate cut in lending rate by the Reserve Bank to boost the economy.

Industrial production in negative zone, dips 1.9% in February

Last Updated: Friday, April 11, 2014, 19:15

After feeble signs of a recovery, industrial production once again slipped into negative territory and contracted 1.9 percent in February due to poor performance in manufacturing, especially capital goods.

Economic woes continue as Feb IIP growth contracts by 1.9%

Last Updated: Friday, April 11, 2014, 17:39

India's industrial production contracted by 1.9 percent in February as against the 0.1 percent growth in January.

Analysts see Rajan not losening rates despite better CPI data

Last Updated: Thursday, March 13, 2014, 16:49

Under Rajan, the Reserve Bank has raised rates three times or 75 bps to 8 percent with an eye on the inflation number, the last one in January.

Retail inflation at 25-mth low, IIP expands after four months

Last Updated: Wednesday, March 12, 2014, 21:30

Retail inflation easing to a 25-month low of 8.1 percent in February and a slight improvement in industrial growth have raised hopes for a rate cut by the Reserve Bank next month to boost economic activity.

Factory output enters positive zone after three months

Last Updated: Wednesday, March 12, 2014, 18:40

Showing a ray of hope, industrial output entered positive territory and recorded a 0.1 percent growth in January after contracting for three months in a row.

IIP grows for the first time in four months, up by 0.1% in January

Last Updated: Wednesday, March 12, 2014, 17:41

Showing little sign of recovery, the industrial output grew for the first time in four months on higher manufacturing, gaining 0.1 percent in January.

IIP shrinks 0.6% in Dec, retail inflation eases to two-year low

Last Updated: Wednesday, February 12, 2014, 23:17

Showing no sign of economic recovery, industrial output remained in the negative territory for the third month in a row by contracting by 0.6 percent in December, even as retail inflation eased to two-year low of 8.79 percent in January on account of fall in food prices.

IIP shows no signs of recovery, contracts 0.6% in December

Last Updated: Wednesday, February 12, 2014, 18:15

Showing no signs of recovery, industrial production growth rate remained negative for the third month in a row, contracting 0.6 percent in December 2013, mainly due to sluggishness in manufacturing sector.

Core sector growth slows to 2.1% in Dec

Last Updated: Friday, January 31, 2014, 18:47

Poor performance of coal, petroleum refinery products and natural gas pulled down the core sector growth to 2.1 percent in December, 2013 from 7.5 percent in the same month a year ago.

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.

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

Last Updated: Friday, January 10, 2014, 21:33

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.