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'RBI must cut rates to help growth stay in positive terrain'

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.

Industrial production surprises with a 2.6% growth in July

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.

Industrial production grows 2.6% in July

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.

IIP disappointing; efforts on to revive growth: FM

Last Updated: Wednesday, September 12, 2012, 21:26

Expressing disappointment over the industrial production numbers, Finance Minister P Chidambaram Wednesday said the government would continue efforts to find practical solutions to boost output.

India Inc steps up demand for rate cut on slow mfg growth

Last Updated: Wednesday, September 12, 2012, 18:00

The RBI will unveil its mid-quarterly review of monetary policy on September 17.

Industrial growth rises just 0.1% in July; India Inc pitches for rate cut

Last Updated: Wednesday, September 12, 2012, 09:05

Growth in factory output, as measured by the index of industrial production (IIP), during the April-July period contracted by 0.1 percent, official data said.