Capital Goods News
Industrial production declines 10.4% in July; capital goods, consumer durables see max contraction
Manufacturing sector, which constitutes 77.63 percent of the IIP, recorded a decline of 11.1 percent in July as against a growth of 4.8 percent in same month last year
IIP has grown just 0.6% this fiscal so far vs 5% in last year; economic recovery depends on how govt spends in Q4
It will take a few more months to understand whether the uptick in the November factory output indicates the beginning of a revival trend
Industrial production rises 1.8% in November on growth in manufacturing sector after 3 months of contraction
Industrial production, or factory output, is the closest approximation for measuring the economic activity of the country's business landscape.
Industrial production declines by 3.8% in October on poor performance by power, capital goods, consumer durables sectors
Industrial production shrank by 3.8 percent in October, mainly due to poor performance by power, capital goods, consumer durables sectors, according to official data released on Thursday
Sensex, Nifty end lower in a see-saw trade as RBI surprises with status quo; Bharti Airtel, Tata Steel among top losers
On the Sensex chart, Bharti Airtel, Tata Steel, IndusInd Bank, HeroMoto Corp and Tata Motors were among the major laggards.
India's economic growth likely to slow further in second half of 2019 on weakness in consumption sector: DBS
Weakness in the crucial consumption sector is likely to be extended into the quarter along with tepid private sector activity.
IIP contracts for second consecutive month: Economy goes into a tailspin; $5 tn target is distant dream unless out-of-box measures are taken now
The signs of further weakness in the Indian economy are emerging from every high-frequency data indicator.
Industrial production contracts at fastest pace in over seven years at 4.3% in September; consumer durables, non-durables register negative growth
The power generation sector output dipped 2.6 percent in September, compared to 8.2 percent growth in the year-ago period.
WPI inflation at 39-month low of 0.33% in September: Near zero wholesale prices offer more bad news to a slowdown-hit economy
Wholesale price inflation (WPI) nearing zero means companies are beginning to lose pricing power and deflationary fears are looming over the economy
Sensex snaps 6-session falling streak, ends 52 points higher; Yes Bank, Bajaj Finance major gainers
After a choppy session, the 30-share Sensex ended 51.81 points or 0.14 percent higher at 37,882.79.
Industrial output contracts 0.1% in March to lowest in 21 months as manufacturing sector growth slows down
Industrial output growth was 4.6 percent and 3.3 percent in 2016-17 and 2015-16, respectively.
India's steel demand to grow by over 7% in FY19, FY20 on railways, capital goods and construction sectors' growth
India's steel demand is likely to grow by over 7 percent in 2019 and 2020, driven by sectors like construction, capital goods and railways, as per the Indian Steel Association
January IIP at 1.7%: Why a consistent downward trend in factory output data over last few months is worrying
The IIP trend over last 6-8 months would perhaps put pressure on the Monetary Policy Committee to go for a sharper rate cut as early as in April to support growth.
Jet Airways crisis: How did the debt-laden airline secure ECB for working capital purposes?
Yet curiously Jet Airways says the default it has committed on meeting its tryst with the ECB was precisely working capital related.
Sensex gains 157 points, Nifty crosses 11,000-mark; ICICI Bank, SBI, Vedanta early gainers
Sensex opened positively at 36,544.86 and further consolidated its gains to trade at 36,599.69, climbing 157.15 points, or 0.49 percent, over the previous close.
Industrial growth remains subdued at 2.4% in December on contraction in mining, poor show by manufacturing sector
Industrial output growth remained subdued at 2.4 percent in December 2018 on account of contraction in the mining segment and poor show by the manufacturing sector
Industrial growth falls to 17-month low of 0.5% in November on contraction in manufacturing sector; power output grows
The manufacturing sector, which constitutes 77.63 percent of the index, recorded a contraction of 0.4 percent in November as against a growth of 10.4 percent a year ago.
Stocks finish with modest gains after choppy session amid crucial RBI board meet under new governor
Asian markets skidded as concerns over global growth and the protracted US-China trade dispute sapped risk appetite.
Rupee recovers 29 paise to 72.60 against dollar on better-than-expected macroeconomic data, easing crude prices
At the Interbank forex market, the rupee opened with strength at 72.81 and advanced to 72.60 against the dollar, showing a rise of 29 paise over its previous close of 72.89.
Sensex cracks below 34,000, Nifty slips to 10,172 on weak global cues in early trade; Asian Paints falls 6%
In the Sensex kitty, Asian Paints suffered the most by falling 5.21 percent after the company reported a 14.76 percent fall in its consolidated net profit at Rs 506 crore for the September quarter Monday.