New Delhi: Industrial output growth surged 2.5 per cent in March compared to a contraction of 2.8 per cent in same month last year, government data showed on Friday. The figures are higher than the February data when it stood at 0.6 per cent.
Industrial output grew at a meagre rate of one per cent in 2012-13 compared to 2.9 per cent in the previous fiscal.
The industrial output, as measured by the Index of Industrial Production (IIP), had increased 2.4 per cent in January against a contraction of 0.6 per cent, which at that time had given indication of a revival.
Manufacturing, which constitutes about 76 per cent of industrial production, grew 3.2 per cent from a year earlier, the statistics office said. Capital goods production, a barometer for investments in the economy, grew an annual 6.9 per cent from a year earlier. In the April-March period, industrial production expanded an annual 1.0 per cent....
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11:06 AM, May 10, 2013
Indian economy would grow at a rate of between 5 and 5.5 per cent in current fiscal and could expand by 7 per cent in 2013-14, said Plan panel Deputy Chairman Montek Singh Ahluwalia. ...
11:27 AM, Feb 17, 2013
New Delhi: Expressing disappointment over slow growth of the industrial production, India Inc on Friday asked the Reserve Bank to cut interest rate at which the central bank lends to banks to help boost investments. "The IIP figures are disappointing. What is of serious concern is the sharp drop in electricity production even as the manufacturing sector continues to stagnate due to faltering investments," CII Director General Chandrajit Banerjee said...
03:36 PM, Oct 12, 2012
New Delhi: Poor performance of the manufacturing and mining sectors pulled down overall growth of industry to 7.8 per cent in 2010-11 from 10.5 per cent in the previous fiscal. Factory output in March, as measured in terms of the Index of Industrial Production (IIP) released on Thursday, also witnessed lower growth of 7.3 per cent, compared to 15.5 per cent expansion in the same month a year ago. However,...
11:31 AM, May 12, 2011
Industrial output rose 10.4 percent in August from a year earlier. ...
01:57 PM, Oct 12, 2009
India's industrial production fell to log a decline for the second month in a row. ...
01:25 PM, Mar 12, 2009
A significant fall in manufacturing output may have led to the drastic fall. ...
09:47 PM, Feb 12, 2009
Industrial growth dropped to -0.4 per cent for October, reflect IIP numbers. ...
03:17 AM, Dec 13, 2008
However, experts say it's not yet time to celebrate. ...
06:42 PM, Nov 13, 2008
The IIP figures provide data of sector wise growth, year on year. ...
12:50 PM, Oct 10, 2008
Industrial output is geared to the domestic market, accounting for a fifth of GDP. ...
03:09 PM, Sep 12, 2008
London: Chris Tremlett's bounce and James Anderson's swing will be key to nullify Sachin Tendulkar's threat on England in the upcoming Test series against India, reckons former skipper Michael Vaughan. I have seen him driving through balls early on and be bowled or lbw on a number of occasions. England could also undermine him with bounce, which is why Tremlett will be the key. If the ball is swinging, James...
12:27 AM, Feb 13, 2008
Team India's World Cup camp at Bangalore mainly focused on giving openers an extended hit in the nets on day two. ...
09:38 PM, Dec 12, 2007
