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Markets end firm tracking monsoon progress, strong April IIP numbers

Jun 15, 2015

Markets end firm tracking monsoon progress, strong April IIP numbers

Sensex ended at 26,586.55, up 161.25 points or 0.6 percent from previous close. #Sensex #nifty #IIP #BSE #Vedanta Resources #Cairn Energy #WPI #MarketClose #Anil Agarwal
April IIP signals mild recovery but govt should step up on spending even more

Jun 13, 2015

April IIP signals mild recovery but govt should step up on spending even more

If these indications are true, there is clearly some recovery beginning to take hold, and if aided by the government with a spending boost, can surely change things better for the economy. #Economy #HowThisWorks #Inflation #RBI #Narendra Modi #IIP #Icra #Monsoon #CPI
Industrial production up at 4.1% in April, manufacturing propels rise

Jun 12, 2015

Industrial production up at 4.1% in April, manufacturing propels rise

Manufacturing output, which constitutes over 75 percent of the index, grew at higher rate of 5.1 percent in April as against 3 percent in the same month last year. #Economy #NewsTracker #IIP #Capital goods #manufacturing
Indirect tax collection up 39.2%; excise indicates pick in manufacturing

Jun 10, 2015

Indirect tax collection up 39.2%; excise indicates pick in manufacturing

The collection of indirect taxes in all three categories - customs, central excise and service tax - has shown rising trend in the current financial year, 2015-16, the finance minister said. #Economy #NewsTracker #IIP #Arun Jaitley #manufacturing #Land Acquisition Bill #Indirect tax
Statistics as wish-fulfilment: Why the new GDP numbers are from La-La Land

Jun 08, 2015

Statistics as wish-fulfilment: Why the new GDP numbers are from La-La Land

India's new GDP series has been less than successful in silencing its critics. The numbers are simply not believable given the objective realities underlying the overall numbers #India #GDP #InMyOpinion #Agriculture #IIP #Industry #statistics
RBI likely to cut policy rates by 0.25% on 2 June, says Citigroup

May 27, 2015

RBI likely to cut policy rates by 0.25% on 2 June, says Citigroup

According to the global financial services major, there is a strong case for 25 basis points (bps) cut in interest rates, especially since macroeconomic data such as PMI and IIP, non-oil exports and credit growth has not been encouraging. #Economy #Inflation #RBI #NewsTracker #IIP #Citigroup
IIP is not as bad as it seems; but revival depends on Jaitley, not Raghuram Rajan

May 13, 2015

IIP is not as bad as it seems; but revival depends on Jaitley, not Raghuram Rajan

The IIP number is not as bad as it looks and the CPI fall is actually better than it seems. India is turning around, and the key to double-digit growth lies with Arun Jaitley, who should quickly recapitalise banks and increase govt capital spending. #Economy #RBI #ConnectTheDots #IIP #Arun Jaitley #Raghuram Rajan #retail inflation
Retail inflation falls, IIP at 5-mth low: Will RBI's Rajan cut rate before next policy?

May 13, 2015

Retail inflation falls, IIP at 5-mth low: Will RBI's Rajan cut rate before next policy?

One shouldnt be surprised if the rate cut comes much earlier than the next policy in June #RBI #IIP #Growth #CPI #Rate cut #retail inflation #factory output