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.

India's industrial output down 2.1% in November

Last Updated: Friday, January 10, 2014, 17:32

India's Industrial production (IIP) in November shrunk 2.1 percent from 1.8 percent in October, government data showed on Friday.

Corporate earnings, IIP to guide markets this week: Experts

Last Updated: Sunday, January 5, 2014, 10:47

Domestic equity market is expected to remain volatile this week as trading sentiment would be dictated by the first set of October-December quarter earnings from bluechips including Infosys, say analysts.

IIP contraction on base effect, weak manufacturing: Experts

Last Updated: Thursday, December 12, 2013, 22:30

Adverse base effect and weak manufacturing sector growth led to contraction in India's industrial production in October, say economists.

Rupee falls 58 paise to 61.83 against dollar

Last Updated: Thursday, December 12, 2013, 18:44

Weak local stocks and sustained dollar demand from importers led the rupee to its biggest fall in a month Thursday, closing 58 paise lower at 61.83 against the US currency.

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.

Sensex drops 246 points to end below 21,000-level

Last Updated: Thursday, December 12, 2013, 16:56

The 50-share NSE index Nifty dropped by 70.85 points, or 1.12 percent, to close at 6,237.05

Industrial production grows by 2% in September

Last Updated: Tuesday, November 12, 2013, 18:11

After remaining flat in August, industrial production is showing signs of recovery as the output grew by two percent in September, mainly on account of better performance by power and mining sectors.

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.

Industrial growth slows to 0.6% in August

Last Updated: Friday, October 11, 2013, 17:37

Industrial production growth slowed to 0.6 percent in August this year, mainly due to poor performance of manufacturing sector and capital goods segment.