Industrial production declines 16.7% in March 2020 amid COVID-19 lockdown
The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of March 2020 stand at 132.7, 114.8 and 149.2 respectively.
May 12, 2020, 19:11 PM IST
Economic downturn has ended, more growth in 2 quarters: Niti Aayog
The Niti Aayog vice chairman also pointed out that in manufacturing and services PMI, the lowest point reached in July and therefrom it has started rising.
Sep 27, 2017, 17:24 PM IST
India's GDP growth likely to slip below 7% this fiscal: DBS
According to the global financial services major, two recent policy measures -- demonetisation in November 2016 and GST rollout in July 2017 had a short term impact on economic activity and aggravated the already slowing momentum.
Sep 15, 2017, 13:07 PM IST
GDP growth at 3-year low: What really caused the slowdown in Indian economy
With companies still grappling with new tax rules, business surveys are pointing to more pain ahead. Services and manufacturing activity contracted at their fastest rate in years in July, the month that the GST was launched.
Sep 01, 2017, 17:15 PM IST
Demonitisation, pre-GST destocking reasons for drop in Q1 GDP
Experts feel demonitisation and huge destocking before the launch of the Goods and Services Tax (GST) can be the reasons for the unexpected slow down of India`s economic growth to 5.7 percent in the June quarter, the slowest pace in three years.
Sep 01, 2017, 16:43 PM IST
India's manufacturing growth bounces back from July's contraction
All the three monitored sub-sectors posted substantial recoveries, with capital goods outperforming its consumer and intermediate goods counterparts in terms of production growth rates, the survey said.
Sep 01, 2017, 13:01 PM IST
India's industrial output growth in negative zone, contracts 0.1% in June
The manufacturing sector, which constitutes over 75 percent of the IIP index, contracted by (-) 0.4 percent in June compared to 7.5 percent growth a year ago.
Aug 11, 2017, 17:37 PM IST
Firm rupee headwind for export, global demand may cut impact
The rupee has risen more than six percent this year against the dollar. This is in contrast to six consecutive years of depreciation.
Aug 08, 2017, 14:45 PM IST
India's manufacturing sector contracts for the first time this year
Manufacturing sector in India contracted in July following the GST launch as new orders and output dropped for the first time since the downturn in December last year post demonetisation.
Aug 01, 2017, 11:46 AM IST
India's manufacturing growth falls to 4-month low in June
Manufacturing growth eased to a four-month low in June owing to weak client demand, water scarcity and concerns related to GST, a monthly survey showed today, rekindling rate cut call.
Jul 03, 2017, 12:20 PM IST
India's industrial output growth slips to 2.7% in March; retail inflation declines to 2.99% in April
Industrial output growth slipped to 2.7 percent in March, chiefly because of poor performance of the manufacturing sector, showed the IIP data based on the revised base year of 2011-12.
May 12, 2017, 17:34 PM IST
Double whammy for India's economy: Industrial output contracts 1.2% in February; inflation rises to 3.81% in March
India's industrial production contracted by 1.2 percent in February due to poor performance of manufacturing sector coupled with decrease in output of capital goods, as per data released by Central Statistics Office (CSO).
Apr 12, 2017, 17:33 PM IST
India's manufacturing growth hits 5-month high in March on strong demand
Activity in India`s manufacturing sector expanded at the fastest pace in five months in March as output and new orders accelerated, according to a private survey that also showed price pressures eased.
Apr 03, 2017, 11:06 AM IST
India's manufacturing growth slows down on demonetisation move
Hit hard by demonetisation move, manufacturing growth decelerated sharply in November as cash crunch slowed down domestic consumption, production of goods and new orders, even as subdued inflationary pressure raised hopes for a rate cut by RBI, a monthly survey showed Thursday.
Dec 01, 2016, 17:01 PM IST
India's manufacturing growth cools in September on weakening demand
Indian factory activity cooled in September on slowing growth in new orders and production and as manufacturers charged slightly higher prices, although muted inflation should give the central bank room to ease policy further, a survey showed.
Oct 03, 2016, 11:01 AM IST
India's manufacturing growth surges to 13-month high in August
Recording "solid improvement", manufacturing sector growth touched a 13-month high in August bolstered by expansion in new works as well as acceleration in buying and production levels, says a survey.
Sep 01, 2016, 13:09 PM IST
Manufacturing growth to be higher in Q2 on better export outlook: Survey
India's manufacturing sector may witness higher growth during the July-September quarter buoyed by improvement in export prospects and domestic demand, even as the hiring outlook remains subdued, according to a survey.
Aug 26, 2016, 16:28 PM IST
Monsoon to push GDP growth to over 8% this fiscal: Panagariya
A good monsoon can help add "a percentage point" to India's GDP growth in the current fiscal, from 7.6 percent in 2015-16, NITI Aayog Vice Chairman Arvind Panagariya said Wednesday expressing confidence in crossing the 8 percent mark.
Jul 27, 2016, 13:16 PM IST
India to clock GDP growth of 7.4% in FY17: HSBC
India's GDP is likely to "auto correct", and the headline growth of the country in this fiscal is expected to remain flat at 7.4 percent, says an HSBC report.
May 04, 2016, 16:56 PM IST
India's manufacturing sector growth falls to 4-month low in April
Manufacturing sector activity dropped to a four-month low in April as new orders stagnated during the month following a robust increase in March, a survey showed Monday, putting pressure on Reserve Bank to keep interest rates low.
May 02, 2016, 12:51 PM IST
