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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.

GDP growth in full speed due to manufacturing growth

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India's services sector growth softens in April

India's services sector growth softens in April

Private sector activity in the country eased in April amid slower expansion in new business inflows in services sector while order books at manufacturers also broadly stagnated, adding to the clamour for further interest rate cuts by Reserve Bank.

Manufacturing growth slackens as order flow turns weak: HSBC

Indicating a slowdown in India's economic upturn, the country's manufacturing sector growth slackened in June as the new order flow hit its lowest level in 10 weeks, an HSBC survey showed on Wednesday.

India's factory growth slips on weak local orders: HSBC survey

India's manufacturing sector grew at a slower pace in April on weak domestic orders, an HSBC survey said Monday, raising hopes for a rate cut by the RBI.

'Manufacturing growth slips to 5-month low in February'

The headline HSBC India Purchasing Managers' Index (PMI) -- a composite gauge designed to give a single-figure snapshot of manufacturing business conditions -- fell from 52.9 in the previous month to a five-month low of 51.2 in February.

Industrial production grows by 3.8% in November

Reviving hopes of economic recovery, industrial production grew at a 5-month high of 3.8 percent in November due to improvement in manufacturing and mining sectors as well as better offtake of capital goods.

Industrial output growth recovers to 3.8% in November

Industrial production growth recovered to 3.8 percent in November last year as compared to the same month in 2013.

Manufacturing sector grows gradually in 2014; more growth eyed in 2015

India's manufacturing sector witnessed a gradual but significant expansion during the year 2014 and ended on a higher note reaching two-year high in December, according to an HSBC survey.

Government asks its wings to procure 'Made in India' goods

The Cabinet Secretariat has asked all government agencies to give preference to domestically produced goods in its procurement programme in a bid to push Prime Minister Narendra Modi's "Make in India" campaign.

IIP plunges to 3-year low; contracts 4.2% in October

India's industrial output growth rate contracted by 4.2 percent in October, dragged down by a fall in the manufacturing and the capital goods sector.

Declare mining as infrastructure sector: CII to Govt

Industry body CII has asked the government to declare mining as a strategic and infrastructure sector which is critical for the manufacturing growth of the nation.

GDP growth may go up to 5.5% in FY15: Icra

Domestic ratings agency Icra on Wednesday said GDP growth in 2014-15 may touch 5.5 percent as pick up in manufacturing and investment is expected in the second half of the current fiscal.

Indian manufacturing stagnates due to peculiar labour laws: Meghnad Desai

India's manufacturing sector has stagnated because the country has "very peculiar structural" labour laws that need to be made flexible, India-born British economist Meghnad Desai said.

'India's growth decline bottoming out, bumpy recovery ahead'

Growth accelerated to 4.8 percent year-on-year in Q3 of this fiscal from the more than four-year low of 4.4 percent in Q2.

India’s economic growth clocked at 4.8% for Q2

India's economic growth hit a decade low of 5 percent in 2012-13 on account of poor performances in the farm, manufacturing and mining sectors.

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.

'Mfg growth to remain subdued in Q3 on high interest rates'

"Low or subdued growth is supported primarily by some improvement on export front. However, we are seeing rising concerns over the cost of credit by the manufacturers as compared to previous surveys," Ficci President Naina Lal Kidwai said.

Mixed signals for upturn in manufacturing growth in Q4: Ficci

Giving mixed signals for upturn in the manufacturing growth, a Ficci survey Sunday said the sector is expected to get a boost during the fourth quarter of the fiscal from steps taken by the government in the last few months, including those announced in the Budget.

India's manufacturing growth jumps to 5-month high in Nov: HSBC

The index has remained above the 50-mark, below which it indicates contraction, for more than three years now.