India Inc hopes RBI to cut rates after robust IIP data
With industrial production hitting a 4-month high of 3.8 percent in June, India Inc Wednesday said it indicates revival in industrial activity on the back of improved performance of manufacturing, and should motivate the RBI to slash interest rates.
Aug 12, 2015, 22:48 PM IST
Retail inflation at record low, industrial production at 4-month high
Retail inflation fell to a record low of 3.78 percent in July and industrial production hit a 4-month high of 3.8 percent in June, which may bring cheer to investors and add to the clamour for interest rate cut by RBI.
Aug 12, 2015, 22:45 PM IST
Subdued IIP growth, rise in retail inflation worry India Inc
India Inc on Tuesday expressed concern over the uptick in retail inflation and soft industrial growth data, while emphasising the need for some bold measures with a renewed thrust on manufacturing to instill confidence among investors and script a turnaround in the economy.
Aug 12, 2014, 21:28 PM IST
Industrial output growth slows to 3.4% in June; inflation worrisome
Industrial output slowed down in June to 3.4 percent while retail inflation inched up marginally in July.
Aug 12, 2014, 19:03 PM IST
Industrial output data at 3.7% in June
The government has also revised the May IIP numbers to 5 percent from the erstwhile estimate of 4.7 percent.
Aug 12, 2014, 17:36 PM IST
