India Inc dismayed over poor IIP nos, wants RBI to cut rates

Last Updated: Friday, December 12, 2014, 21:30

Overall, 16 of the 22 industry groups in manufacturing showed negative growth in October.

Dip in factory output, low inflation raise rate cut clamour

Last Updated: Friday, December 12, 2014, 18:55

Industrial production saw the sharpest contraction in three years of 4.2 percent in October, though retail inflation dipped to 4.3 percent.

IIP plunges to 3-year low; contracts 4.2% in October

Last Updated: Friday, December 12, 2014, 17:43

India's industrial output growth rate contracted by 4.2 percent in October, dragged down by a fall in the manufacturing and the capital goods sector.

India Ratings pegs GDP at 4.9%; projects improvement in FY15

Last Updated: Tuesday, January 14, 2014, 15:25

India's growth rate is expected to slip to 4.9 percent in the current fiscal but will improve significantly to 5.6 percent in 2014-15, India Ratings said Tuesday.

Nov IIP shrank on weak festive demand, low investment: Experts

Last Updated: Friday, January 10, 2014, 23:41

Weak festive demand and sluggish investment activity led to a slump in factory production in November when the output contracted to a six-month low of 2.1 percent, according to economists.

Oct IIP growth turns negative after 3 months

Last Updated: Thursday, December 12, 2013, 21:06

Industrial production entered the negative territory after three months, contracting by 1.8 percent in October this year mainly due to poor performance of the manufacturing sector.

Disappointed by IIP nos, India Inc seeks rate cut from RBI

Last Updated: Thursday, December 12, 2013, 20:52

Expressing disappointment over the contraction in industrial growth in October, India Inc Thursday appealed to the Reserve Bank to cut interest rates to revive the manufacturing sector and ameliorate investments.

Double whammy for govt: Inflation up at 11.24%, IIP contracts by 1.8%

Last Updated: Thursday, December 12, 2013, 20:16

The RBI, scheduled to review the monetary policy on December 18, hiked the key lending rate by 0.25 percent in each of it previous two policy reviews to contain inflation.

Industrial output growth contracts by 1.8% in October

Last Updated: Thursday, December 12, 2013, 17:31

India's Industrial output growth contracted by 1.8 percent in October, a sign the economy remains fragile despite a modest rebound in the September quarter.

India's FY'14 GDP growth to be 4.9%: Report

Last Updated: Wednesday, October 23, 2013, 14:05

India Ratings & Research (Ind-Ra) expects India's GDP growth to remain sluggish at 4.9 percent in the current financial year, due to a mix of domestic and external factors.

Expect IIP numbers to improve in 2nd half of FY'14: PMEAC

Last Updated: Saturday, October 12, 2013, 00:12

"I see improvement (in IIP numbers) coming along as we go further during the year. I am hoping a better performace in the second half of the year," Rangarajan said here.

Aug industry growth slows to 0.6%; companies seek rate cut

Last Updated: Friday, October 11, 2013, 18:40

Factory output, which showed some signs of recovery after recording a growth of 2.8 percent in July, remained almost flat year-on-year because of a slump in production of consumer goods and durables.