Growth needed to overcome industrial tension: Montek

Last Updated: Thursday, February 21, 2013, 15:55

Worried over the industrial unrest witnessed during the two-day nation-wide strike, Planning Commission Deputy Chairman Montek Singh Ahluwalia on Thursday said revival in economic growth will help combat industrial tension.

Economy to grow at 6-7% in FY14: Rangarajan

Last Updated: Tuesday, February 12, 2013, 15:56

He emphasised the need to kick-start investments to get back to the high growth trajectory.

India's manufacturing growth slows to 3-month low

Last Updated: Friday, February 1, 2013, 13:35

The growth of country's manufacturing sector slowed to a three month low in January, primarily due to moderation in new orders and power outages during the month, HSBC survey said on Friday.

Core sector growth slows down to 2.6% in December 2012

Last Updated: Thursday, January 31, 2013, 18:05

Contraction in the output of natural gas, coal and fertiliser has slowed down the growth of eight core sectors in December 2012 to 2.6 percent, which may have a bearing on the overall industrial production.

Mamata blames media, Opposition for negating industrial feats

Last Updated: Tuesday, January 15, 2013, 21:41

Mamata Banerjee blamed the opposition and a section of the media for negating industrial growth during the 21 months of Trinamool Congress rule.

IIP dip due to statistical reasons, improvement imminent: Montek

Last Updated: Friday, January 11, 2013, 15:47

Montek expressed the hope that steps taken by government have given clear signals of growth in the last several months and would help in improving investment climate.

India may not be able to achieve NMP targets: CII-BCG report

Last Updated: Thursday, December 27, 2012, 20:04

India may not be able to meet investment target and 100 million job opportunities by 2022 envisaged by the government in the National Manufacturing Policy (NMP) in view of moderating industrial growth, CII said in a report.

'India's Q2 growth likely to drop to 5.1%'

Last Updated: Tuesday, November 27, 2012, 14:43

The country's second quarter growth rate is likely to drop to a nearly three and half year low of 5.1 percent owing to sustained weakness in the industrial sector, reports say.

IIP growth likely to be in 2.5 - 3.5 % range in Oct: D&B

Last Updated: Monday, November 19, 2012, 19:38

Industrial growth is expected to remain below 5 percent for the next couple of quarters unless the pace of clearances for projects and input supplies improve and investment cycle picks up, says a report.

Maharashtra must compete with other nations on growth front: CM

Last Updated: Friday, November 9, 2012, 23:48

Maharashtra should raise the bar on industrial growth and compare itself with other countries instead of states like Gujarat, CM said on Friday.

Gross direct tax collection grows at 6.59% in Apr-Oct

Last Updated: Thursday, November 8, 2012, 15:03

The collection during the first seven months of 2012-13 was Rs 3.02 lakh crore, up from Rs 2.84 lakh crore in the same period last year, a Finance Ministry statement said.

Industry beats slowdown blues; August IIP at 2.27%

Last Updated: Friday, October 12, 2012, 08:57

Industrial growth slowed to 2.7 percent in August due to poor show by the manufacturing sector and contraction in capital goods output, which may prompt the Reserve Bank to cut key interest rates in its second quarter policy review later this month.