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February retail inflation eases to Retail 6.58 pct; IIP sees a 2 pct on year growth

February retail inflation eases to Retail 6.58 pct; IIP sees a 2 pct on year growth

Thu, Mar 12, 2020

Retail inflation in February cooled down to 6.58 per cent as against the January levels; food inflation down to 10.81 per cent in February from 13.63 per cent in January

India’s Industrial production slows to 1.7%

India’s Industrial production slows to 1.7%

Tue, Mar 12, 2019

India’s Industrial production slows to 1.7% from 2.6 percent. To know more watch the video

India’s Industrial production slows to 1.7%

India’s Industrial production slows to 1.7%

Tue, Mar 12, 2019

India’s Industrial production slows to 1.7% from 2.6 percent. To know more watch the video

TRENDING NOW

IIP growth expected to see some uptick in January: Kotak

IIP growth expected to see some uptick in January: Kotak

Sun, Feb 12, 2017

"The decline in IIP was partly owing to base effects, but mostly by demonetisation-led production contraction, especially in automobile production," Kotak Institutional Equities said in a research note.

Monetary Policy: Five reasons why RBI did not cut interest rates

Monetary Policy: Five reasons why RBI did not cut interest rates

Wed, Feb 08, 2017

In its sixth bi-monthly monetary policy the Reserve Bank of India (RBI) did not cut interest rates for the fifth month in a row on Wednesday. Here are a few reasons why RBI maintained status quo: 1. RBI expects inflation stickiness as broadly ‘discernible’

RBI may go for 25 basis points rate cut on February 8, in April: BofA-ML

RBI may go for 25 basis points rate cut on February 8, in April: BofA-ML

Wed, Jan 18, 2017

The Reserve Bank of India (RBI) is expected to go in for a 25 basis points (bps) rate cut at its next monetary policy meet on February 8 -- as also in April -- says a Bank of America Merrill Lynch (BofA-ML) report.

RBI may cut repo rate by 25 basis points in February: HSBC report

RBI may cut repo rate by 25 basis points in February: HSBC report

Fri, Jan 13, 2017

With uncertanity over implementation of GST, rising crude oil prices and the challenging 4% CPI in medium term, Reserve Bank of India (RBI) may cut repo rate for the final time by a 25 basis points (bps) in the February policy, says a report.

HSBC pegs India's GDP growth at 6.3% in 2016-17 on note ban pains

HSBC pegs India's GDP growth at 6.3% in 2016-17 on note ban pains

Mon, Jan 09, 2017

Foreign brokerage HSBC on Monday projected sharply lower growth numbers for the year at 6.3%, way lower than the official CSO estimate of 7.1% for 2016-17.

Positive global cues, bargain hunting lift equities markets

Positive global cues, bargain hunting lift equities markets

Sat, Jan 07, 2017

"Sentiments remained up-beat with Finance Minister Arun Jaitley`s statement that the impact of demonetisation is clearly visible with tax collection figures seeing double-digit growth," Desai explained.

Investors look forward to US Fed policy action, macro numbers

Investors look forward to US Fed policy action, macro numbers

Sun, Dec 11, 2016

The outcome of US Federal Reserve meeting, domestic macro data and the global market trend will keep investors hooked this week, say experts.

India's factory output drops by 1.9% in October

India's factory output drops by 1.9% in October

Fri, Dec 09, 2016

The cumulative growth for the period April-October 2016 over the corresponding period of the previous year stands at (-) 0.3%.

India inflation likely cooled further in November after cash clampdown: Reuters poll

India inflation likely cooled further in November after cash clampdown: Reuters poll

Fri, Dec 09, 2016

Despite the turmoil following the cash clampdown, India`s central bank surprised markets by eschewing a rate cut and leaving its key policy rate unchanged at 6.25 % this week, choosing to wait for more information before judging the full effects of the demonetization.

Indian economy grew 7.1% in April to Sept period of FY17: Sitharaman

Indian economy grew 7.1% in April to Sept period of FY17: Sitharaman

Mon, Nov 28, 2016

India's economy grew at 7.1% in the first six months of the current financial year 2016-17 (FY17) despite subdued growth in the world economy, Union Minister Nirmala Sitharaman said on Monday.

Output index of 8 core industries rises 5% in September

Output index of 8 core industries rises 5% in September

Tue, Nov 01, 2016

The output index of eight core industries has risen 5.0% in September on account of growth in steel production and an increase in refinery products production.

Index of Eight Core Industries rises 3.2% in August

Index of Eight Core Industries rises 3.2% in August

Fri, Sep 30, 2016

Index of Eight Core Industries comprising 38% of weight of items included in Index of Industrial Production (IIP) rose 3.2% in August 2016 as againt the same month of last year.

Monsoon to play rate-cut spoilsport?

Monsoon to play rate-cut spoilsport?

Tue, Sep 13, 2016

Despite the retail inflation easing to a five-month low of 5.05% for the month of August, industry’s hopes of getting an interest rate cut from the Reserve Bank of India (RBI), might not be realised.

IIP declines by 2.4% in July after two consecutive months of growth

IIP declines by 2.4% in July after two consecutive months of growth

Mon, Sep 12, 2016

The data showed that IIP for the Mining and Electricity sectors for the month of July 2016 grew by 0.8% and 1.6% respectively, while the Manufacturing sector declined by 3.4% as compared to July 2015.

Indian markets continue to fall, Sensex tumbles over 440 points

Indian markets continue to fall, Sensex tumbles over 440 points

Mon, Sep 12, 2016

Key equity indices closed in red ahead of IIP and CPI data on Monday. The 30-scrip Sensex fell 443.71 points or 1.54% to 28,353. While the bigger 50-scrip NSE Nifty was also down 1.7% at 8,715.60.

IIP posts second consecutive month of growth; up 2.1%

IIP posts second consecutive month of growth; up 2.1%

Fri, Aug 12, 2016

The factory output in India was up for a second consective month and had increased from last month's growth.

IIP back in green, up 1.2% in May

IIP back in green, up 1.2% in May

Tue, Jul 12, 2016

Index of Industrial Production (IIP), or factory output, in India in the month of May rose by 1.2%, Ministry of Statistics & Programme Implementation said.

New GDP series needs time but IIP has limitations too: Indian Chief Statistician

New GDP series needs time but IIP has limitations too: Indian Chief Statistician

Mon, Jun 20, 2016

With the discrepancy noticed between GDP rising at 7.9% and Indian Industrial Production (IIP) showing only 0.8%, caused many to question if GDP is a ‘satisfactory’ measure of growth.

Industrial output slumps fourth time in 6 months; April IIP down 0.8%

Industrial output slumps fourth time in 6 months; April IIP down 0.8%

Sat, Jun 11, 2016

Industrial output in the country has shrunk for the fourth time in the November 2015 - April 2016 six-month period. In April, the country's Index of Industrial Production (IIP) stood at (-) 0.8%.

What recovery? Factory output plunged to 0.1% in March

What recovery? Factory output plunged to 0.1% in March

Thu, May 12, 2016

The manufacturing sector, which accounts for over 75 per cent of the index, declined by 1.2 per cent in March against a growth of 2.7 per cent in same month a year ago. The sector has not done well in 2015-16 as it grew at meager rate of 2 per cent compared to 2.3 per cent in previous year.

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