IIP has grown just 0.6% this fiscal so far vs 5% in last year; economic recovery depends on how govt spends in Q4
Dinesh Unnikrishnan123 • 5 years agoIt 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
Fp Staff • 5 years agoIndustrial production, or factory output, is the closest approximation for measuring the economic activity of the country's business landscape.
IIP contracts for 3rd straight month: With nosediving growth and high inflation, is economy entering a 'stagflation' phase?
Dinesh Unnikrishnan123 • 5 years agoThe latest inflation numbers prove the Monetary Policy Committee (MPC) got its assessment right in the last policy when the panel chose to hold rates despite expectations of a rate cut.
Sensex tumbles 229 points, Nifty below 11,900-mark amid weak macro data concerns; Yes Bank, Vedanta among top losers
• 5 years agoYes Bank was the top loser in the Sensex pack cracking 6.51%, followed by SBI, Axis Bank, Vedanta, Sun Pharma, ICICI Bank, IndusInd Bank, ITC, Infosys and Tech Mahindra, shedding up to 3.69%.
Industrial output growth dips to 4.3% in July; retail inflation rises to 3.21% in August, yet stays below RBI's comfort level
Fp Staff • 5 years agoEconomic slowdown: Why there will be no honeymoon period, no scope for window dressing for India’s next government
Dinesh Unnikrishnan123 • 6 years agoSlowing vehicle sales, muted consumer spending, low retail loan outflow and struggling factory output are indicating a worrying trend of an economic slowdown in Asia’s third-largest economy.
Industrial output contracts 0.1% in March to lowest in 21 months as manufacturing sector growth slows down
• 6 years agoIndustrial output growth was 4.6 percent and 3.3 percent in 2016-17 and 2015-16, respectively.
IIP at 20-month low in February: Growth worries deepen as manufacturing sector stress continues to hammer factory output
Dinesh Unnikrishnan123 • 6 years agoThe IIP numbers are typically touched with a bit of suspicion by seasoned economists as these are highly volatile monthly numbers. Sudden spikes and drops are normal and don’t get over hype.
Retail inflation inches up to 2.86% in March on rise in food, fuel prices; industrial output growth at 0.1% in February
• 6 years agoThe inflation based on Consumer Price Index was 2.57 percent in February this year. On yearly basis, it was 4.28 percent in March 2018.
At 10.8%, growth in infra credit is back to FY15 levels; economy is riding on the back of govt spending
Dinesh Unnikrishnan123 • 6 years agoIts not just infrastructure loans, overall lending to industry too has shown a reviving trend after staying in the negative for two consecutive years.