There is a constant downward trend registered in manufacturing components of IIP, especially from May’16 onwards. The demonetisation and GST have affected the sector, but that is expected to be only TEMPORARY. Herein, we tried...
Over the past one year, in the financial year 2013, the Indian economy is anticipated to grow at 4.9% (CSO) as compared to 4.5% in FY 2012 with higher output in both industrial & agriculture...
Recent days have seen publication of a lot of macro data which doesn’t lead us to optimism. The Central Statistical Organization came with an estimate of GDP growth for fiscal 2013 of 5 percent which...
New Delhi, December 23, 2011 : Prime Minister Manmohan Singh has assured Industry leaders about economic reform while meeting his member of council for trade and industries. Corporate leader such as Mukesh Ambani, Ratan Tata,...
Mumbai, December 15, 2011 : The Indian Rupee recovered from the intraday lows on possible RBI intervention.By the time Indian Equity Market closed the rupee was at 53.86 against the dollar, recovering from the intra-day...
New Delhi, December 12, 2011 : India’s industrial output declined by 5.1 per cent in October, led mainly by sharp contraction in manufacturing, mining and abysmal performance in capital goods output. The Index of Industrial...