Fri, Aug 11, 2017
IIP stood at 1.7% on year-on-year basis in May 2017, following a 2.8% rise in the April 2017 and was also below market expectations.
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Wed, Aug 31, 2016
Abheek Barua, Chief Economist, HDFC Bank said, "While an unfavorable base effect is at play, there is a likely slowdown in services sector activity, which alone explains more than half of the moderation in overall growth. Within the industrial sector, while mining has shown positive traction, there is a possible moderation in activity for manufacturing and construction sectors."
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