Iip

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Iip - Total results - 385
Industrial production declines 10.4% in July; capital goods, consumer durables see max contraction
Business

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

Industrial production falls record 16.7% in March on poor show by mining, manufacturing, electricity
Business

Industrial production falls record 16.7% in March on poor show by mining, manufacturing, electricity

India's industrial production contracted by a record 16.7 percent in March, on account of the poor show by mining, manufacturing and electricity sectors mainly due to the nationwide lockdown, government data showed on Tuesday

IIP grows 4.5% in February, highest in 7 months on higher output in mining, manufacturing and electricity
Business

IIP grows 4.5% in February, highest in 7 months on higher output in mining, manufacturing and electricity

The country's industrial output grew by 4.5 percent in February, mainly on account of higher output in mining, manufacturing and electricity sector, government data showed on Thursday

Eight core sectors growth up 5.5% in February, highest in 11 months; coal, refinery products and electricity output up
Business

Eight core sectors growth up 5.5% in February, highest in 11 months; coal, refinery products and electricity output up

Eight core sector industries recorded a growth of 5.5 percent in February, highest in 11-months, mainly due to healthy expansion in output of coal, refinery products and electricity, according to a government data released on Tuesday

Industrial output grows 2% in January, highest in six months on uptick in mining, power sector
Business

Industrial output grows 2% in January, highest in six months on uptick in mining, power sector

India's industrial production grew at the fastest pace in six months at 2 percent in January, mainly on account of uptick in mining activity and power generation, official data showed on Thursday

Mamata Banerjee writes to Narendra Modi about 'steady reduction' of funds; political ploy to fool people, says BJP
India

Mamata Banerjee writes to Narendra Modi about 'steady reduction' of funds; political ploy to fool people, says BJP

West Bengal chief minister Mamata Banerjee on Thursday wrote a letter to Prime Minister Narendra Modi, expressing concern over "steady reduction" of Central funds to the state and "inordinate delay" in their release. The BJP called the letter a "political ploy to befool people" ahead of civic polls in the state.

Industrial production shrinks 0.3% in December as manufacturing sector dips; retail inflation rises to 7.59% in January on high food prices
Business

Industrial production shrinks 0.3% in December as manufacturing sector dips; retail inflation rises to 7.59% in January on high food prices

The food inflation last month was 13.63 percent, compared with (-)2.24 percent in January 2019. However, it is down from 14.19 percent in December.

Sensex, Nifty close at fresh lifetime highs on positive global cues; Infosys rallies 5%, IndusInd Bank among top gainers
Business

Sensex, Nifty close at fresh lifetime highs on positive global cues; Infosys rallies 5%, IndusInd Bank among top gainers

After rallying nearly 300 points to its record intra-day high of 41,899.63, the Sensex settled at a new closing peak of 41,859.69, up 259.97 points, or 0.62 percent.

Will 2020 be year of pharma sector, Infosys panel gives clean chit on whistle-blower complaint; all this and more on Moneycontrol Pro
Business

Will 2020 be year of pharma sector, Infosys panel gives clean chit on whistle-blower complaint; all this and more on Moneycontrol Pro

The committee determined that there was no evidence of any financial impropriety or executive misconduct.

Markets surge to record high; Sensex soars 294 points, Nifty above 12,300-mark on positive global cues; Infosys rallies 4%
Business

Markets surge to record high; Sensex soars 294 points, Nifty above 12,300-mark on positive global cues; Infosys rallies 4%

In the previous session, Sensex ended 147.37 points, or 0.36 percent, higher at 41,599.72 and the Nifty settled 40.90 points, or 0.33 percent, higher at 12,256.80.

IIP has grown just 0.6% this fiscal so far vs 5% in last year; economic recovery depends on how govt spends in Q4
Business

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
Business

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.

Core sector output shrinks for fourth consecutive month by 1.5% in November; refinery, fertilizers production up
Business

Core sector output shrinks for fourth consecutive month by 1.5% in November; refinery, fertilizers production up

The core sector for October had contracted to 5.8 percent from the 5.1 percent contraction seen in September.

India facing 'Great Slowdown', economy headed to ICU, says former CEA Arvind Subramanian
Business

India facing 'Great Slowdown', economy headed to ICU, says former CEA Arvind Subramanian

India is facing a "Great Slowdown" with its economy headed for intensive care unit primarily due to a "second wave" of the twin balance sheet crisis at banks, former Chief Economic Adviser Arvind Subramanian has said

IIP contracts for 3rd straight month: With nosediving growth and high inflation, is economy entering a 'stagflation' phase?
Business

IIP contracts for 3rd straight month: With nosediving growth and high inflation, is economy entering a 'stagflation' phase?

The 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.

Industrial production declines by 3.8% in October on poor performance by power, capital goods, consumer durables sectors
Business

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

Nirmala Sitharaman is right; economy is not in a recession yet, but that doesn’t take away pain of slowdown from households
Business

Nirmala Sitharaman is right; economy is not in a recession yet, but that doesn’t take away pain of slowdown from households

A growth slowdown is, of course, a better scenario as compared to the state of recession, just like a recession is always better than a complete collapse of an economy.

Political dogfight can wait, netas across party lines should now discuss good economics to save a free-falling economy
Business

Political dogfight can wait, netas across party lines should now discuss good economics to save a free-falling economy

The overall economic growth has been slowing worryingly with the GDP touching 5 percent in the April-June quarter. Since then, things have only worsened in the economy.

Falling GDP, collapsing wholesale prices: Is Indian economy heading to its worst show in September quarter since 2008 global financial crisis?
Business

Falling GDP, collapsing wholesale prices: Is Indian economy heading to its worst show in September quarter since 2008 global financial crisis?

Indian economy had a shocker when the GDP growth slowed to a 6-year low of 5% in the April-June quarter. Even after that, there is no recovery in sight.