IIP numbers disappointing, recovery volatile: Raghuram Rajan
Describing the IIP numbers as "disappointing", Reserve Bank Governor Raghuram Rajan on Saturday said the economy is recovering, but the process of recovery is volatile.
Mar 12, 2016, 15:00 PM ISTIndia GDP likely to clock 7.8% growth in 2016: Nomura
India's industrial recovery process is likely to be gradual owing to external headwinds and weak private sector investment, still the country is expected to clock a GDP growth of 7.8 percent in the next fiscal, says a report by Nomura.
Feb 15, 2016, 14:54 PM IST
Industrial output growth in negative territory for 2nd month, CPI inflation hardens
Remaining in the negative zone for the second month, industrial output in December shrank 1.3 percent while retail inflation in January edged up to a 16-month high, prompting the industry to call for urgent policy action in the forthcoming Budget to spur revival.
Feb 12, 2016, 21:18 PM ISTIndia's industrial output remains negative, contracts 1.3% in December
The manufacturing sector, which accounts for over 75 percent of the index, declined by 2.4 percent against a growth of 4.1 percent in December 2014.
Feb 12, 2016, 19:38 PM ISTIndia's industrial output growth contracts 1.3% in December
India's industrial output growth contracted by 1.3 percent in December due to poor performance of manufacturing sector.
Feb 12, 2016, 18:38 PM IST
Double blow to economy: IIP plunges to over 4-year low; inflation accelerates
Dragged by poor manufacturing output, industrial production plunged to an over four-year low, contracting 3.2 percent in November, while retail inflation inched up in December, a set of data which RBI will consider in its monetary policy review next month.
Jan 12, 2016, 23:22 PM ISTLower IIP mostly because of statistical issues, says CEA
Chief Economic Advisor (CEA) Arvind Subramanian further said the IIP number for the year as a whole is still higher than last year's and "broadly, the trend seems to be upwards".
Jan 12, 2016, 22:34 PM IST
Recovery hopes recede as IIP growth plunges to over 4-year low at (-) 3.2% in November
This is the worst performance since October 2011 when IIP had contracted by 4.7 percent.
Jan 12, 2016, 20:12 PM IST
India's industrial output growth contracts 3.2% in November
As per data released by the Central Statistics Office (CSO), the manufacturing sector, a key indicator of economic activity, shrinked by 4.4 percent year-on-year in November.
Jan 12, 2016, 17:47 PM ISTIndia's IIP growth races to 5-year high of 9.8%: How it became possible
What is even more pleasing is a huge 16.1 percent growth in capital goods, reflecting revival in investment cycle and a robust expansion of 9 percent in electricity generation, which follows solid improvement in coal production.
Dec 11, 2015, 22:47 PM ISTIndian economy still in danger zone as IIP fall, inflation rise
Indian economy is still not out of the woods as industrial production slackened to a four-month low of 3.6 percent while retail inflation inched up to 5 percent.
Nov 12, 2015, 20:13 PM ISTIndustrial production growth slows to four-month low of 3.6% in September
Industrial output, measured in terms of the Index of Industrial Production (IIP), was at 4 percent in the April-September period against 2.9 percent in the year-ago period, the data released by the Central Statistics Office (CSO) Thursday showed.
Nov 12, 2015, 17:50 PM ISTIIP numbers encouraging, govt to continue with reforms: Finance Ministry
Showing signs of recovery, industrial output rose to nearly three-year high of 6.4 percent in August on improvement in manufacturing and capital goods.
Oct 13, 2015, 15:28 PM ISTIndustrial output grows at 4-month high of 3.8% in June
Industrial production expanded at a 4-month high rate of 3.8 percent in June due to improvement in manufacturing activity.
Aug 12, 2015, 18:53 PM ISTIndia's industrial growth rises to 3.8% in June
India's industrial output growth gathered pace in June and rose to 3.8 percent mainly due to a pick up in government spending.
Aug 12, 2015, 17:37 PM ISTIIP rises to 5-month high of 3.8%; inflation slightly up at 5%
Reviving hopes of manufacturing recovery, industrial production grew at five-month high of 3.8 percent in November last year, but retail inflation inched up to 5 percent in December.
Jan 12, 2015, 21:56 PM IST'IIP growth incipient sign of revival, hope for firm recovery'
With factory output in November 2014 growing at the fastest pace in 5 months, India Inc on Monday said the turnaround needs to be made consistent for a longer period and reiterated its call for a rate cut even as December retail inflation was below the RBI's 6 percent target.
Jan 12, 2015, 20:58 PM ISTIndustrial production grows by 3.8% in November
Reviving hopes of economic recovery, industrial production grew at a 5-month high of 3.8 percent in November due to improvement in manufacturing and mining sectors as well as better offtake of capital goods.
Jan 12, 2015, 19:16 PM ISTIndustrial output growth recovers to 3.8% in November
Industrial production growth recovered to 3.8 percent in November last year as compared to the same month in 2013.
Jan 12, 2015, 17:45 PM ISTIndia Inc dismayed over poor IIP nos, wants RBI to cut rates
Overall, 16 of the 22 industry groups in manufacturing showed negative growth in October.
Dec 12, 2014, 21:30 PM IST