INDUSTRIAL PRODUCTION

  • Mega industrial exhibition to be held in Vadodara in November September 24, 2014

    Vadodara: Aiming at offering an opportunity to small and medium-scale manufacturers, industrial body Vadodara Chamber of Commerce and Industries will hold the 9th edition of the exhibition of industrial and allied products from November 27. "The premier exhibition of industrial products and the service will be held at Vavlakhi compound...
  • News 360: Government brings TRAI Bill to appoint of PM's principal secretary July 11, 2014

    Finance Minister Arun Jaitley on Friday slammed the opposition parties for their remarks over the appointment of Nripendra Mishra saying Prime Minister Narendra Modi has the right to choose his staff. The BJP and the Congress are set for a faceoff over the appointment of the Prime Minister's Principal Secretary...
  • Industrial production remains negative, dips 0.5 pc in March May 12, 2014

    New Delhi: Showing no signs of recovery, factory production remained in negative territory for the second month in a row, contracting 0.5 per cent in March due to declining output in manufacturing, especially capital goods. Output as measured by the index of industrial production (IIP) remained almost flat in 201314 and...
  • India's industrial output up 0.1 per cent in January March 12, 2014

    India's industrial output was higher by 0.1 per cent during January, as mining and electricity sectors performed marginally better, government data showed on Wednesday. Factory output measured in terms of the Index of Industrial Production (IIP) dropped by 0.6 percent in December, registering contraction for the third straight month. The cumulative growth...
  • IIP shows no signs of recovery, contracts 0.6 per cent in December February 12, 2014

    Showing no signs of recovery, industrial production growth rate remained negative for the third month in a row, contracting 0.6 per cent in December 2013, mainly due to sluggishness in manufacturing sector. During December 2012 as well, the factory output, as measured in terms of the Index of Industrial Production (IIP),...
  • October inflation at 10.09 per cent November 12, 2013

    New Delhi: Costlier vegetables and fruits, such as onions and tomatoes, drove retail inflation to 10.09 per cent in October, entering double digits after seven months. Inflation as measured by the consumer price index (CPI) was at 9.84 per cent in September and 9.52 per cent in the previous month. Vegetable prices...
  • Core infrastructure growth jumps to 8 per cent in September October 31, 2013

    Eight core infrastructure sectors that include power, coal, steel and cement, posted an impressive 8 percent growth in September, government data showed on Thursday. Electricity generation that has 10.32 percent weight in the Index of Industrial Production (IIP) registered a growth of 12.6 percent during the month under review, data released...
  • Industrial output grows 0.6 per cent in August October 11, 2013

    New Delhi: India's industrial production for the month of August grew by 0.6 per cent in August, dropping from an upwardly revised 2.75 per cent pace in July. Analysts had expected an annual output growth of 2.0 per cent for the month. The manufacturing sector, which constitutes about 76 per cent...
  • July industrial output surprises with 2.6 per cent growth September 12, 2013

    Mumbai: India's industrial production jumped an unexpected 2.6 per cent in July after contracting for two straight months, government data showed on Thursday, good news for Asia's third-largest economy as it tries to emerge from a deep slump. Analysts polled by an international news agency had expected output to shrink an...
  • Industrial output contracts 2.2 per cent in June August 12, 2013

    New Delhi: India's industrial production contracted 2.2 per cent in June, morethanexpected from a year earlier, government data showed on Monday. May's output growth was revised down to an annual 2.9 per cent contraction from 1.6 per cent earlier. Manufacturing sector, which constitutes about 76 per cent of industrial production, shrank 2.2...
  • May industrial production contracts by 1.6 per cent July 12, 2013

    New Delhi: India's industrial production unexpectedly contracted 1.6 per cent in May from a year earlier, government data showed on Friday. Analysts polled by Reuters had expected output to grow 1.6 per cent annually. April's output growth was revised down to an annual 1.9 per cent from 2.3 per cent earlier. Manufacturing...
  • Rupee opens at 59.75 per dollar, down by 8 paise July 12, 2013

    Mumbai: Rupee has opened at 59.75 per dollar on Friday, down by 8 paise compared to previous day's closing value of 59.67 per dollar. Pramit Brahmbhatt of Alpari said the rupee is likely to trade in positive zone on Federal Reserve's statements, a weak dollar and positive equity markets. According to him,...
  • April industrial output grows at 2 pc vs 2.5 pc in March June 12, 2013

    New Delhi: The industrial production growth has slipped to 2 per cent in April on account of dismal performance of manufacturing, mining and power sectors coupled with lower output of capital goods. The factory output measured in terms of index of industrial production (IIP) had seen a contraction of 1.3...
  • January industrial output grows 2.4 per cent March 12, 2013

    India's industrial production grew 2.4 per cent in January from a year earlier, government data showed on Tuesday. Analysts polled by Reuters had expected the output to grow 1.2 per cent annually. Revised data for December showed production at factories, mines and utilities shrank 0.5 percent compared with 0.6 per...
  • December industrial output contracts 0.6 per cent February 12, 2013

    New Delhi: India's industrial production unexpectedly shrank for a second straight month in December, weighed down by weak investment and consumer demand, casting doubt on Finance Minister P Chidambaram's view that Asia'sthird largest economy is showing signs of recovery. The index of industrial production (IIP) fell 0.6 per cent annually...
  • August industrial growth up 2.7 pc vs 0.2 pc in July October 12, 2012

    Mumbai: The Index of Industrial Production (IIP) for the month of August grew at 2.7 per cent versus a paltry 0.2 per cent (revised from 0.1) in July. In the AprilAugust period, industrial production expanded an annual 0.4 per cent. A CNBCTV18 poll had expected the industry to grow...
  • IIP disappointing; efforts on to revive growth: FM September 12, 2012

    New Delhi: Expressing disappointment over the industrial production numbers, Finance Minister P Chidambaram on Wednesday said the government would continue efforts to find practical solutions to boost output. "The IIP (Index of Industrial Production) estimates reveal that the performance of the economy continues to be disappointing", he said, while commenting on...
  • July IIP grows at 0.1 pc vs 1.8 pc in June September 12, 2012

    New Delhi: The Index of Industrial Production growth dipped to 0.1 per cent in July, as compared to 3.7 per cent in the same month last year. The July IIP growth was, however, better than the June IIP growth that remained unchanged at 1.8 per cent. The manufacturing growth fell to...
  • July industrial output figures to be out today September 12, 2012

    Bangalore: India's industrial output likely remained subdued in July, after falling steeply the previous month, as uncertainty in the global economy hurt exports, and the key infrastructure sector grew at its slowest pace in six months, a Reuters poll showed. The index of industrial production edged up 0.3 per cent year...
  • June IIP at 1.8 pc, May IIP number revised August 9, 2012

    Index of Industrial production (IIP) for the month of June has come in at a dismal 1.8 per cent, way below the CNBCTV18 poll number of 1 per cent. The number suggests that all gains of the previous month have been wiped out. The impact of the number was felt on...
  • IIP figures are very disappointing: C Rangarajan May 11, 2012

    India's industrial output unexpectedly contracted 3.5 per cent in March from a year earlier, government data showed on Friday. ...
  • March '12 IIP drops 3.5 pc compared to March '11 May 11, 2012

    India's industrial output unexpectedly contracted 3.5 per cent in March from a year earlier, government data showed on Friday. Analysts had expected output to grow 1.5 per cent, a CNBCTV18 poll showed. The March figure compares with February's annual increase of 4.1 per cent. Manufacturing, which constitutes about 76 per cent of...
  • Industrial production data revision baffling: FM April 13, 2012

    New Delhi: Terming the sharp revision in the industrial production data as "totally baffling", Finance Minister Pranab Mukherjee on Friday said he has asked the authorities concerned to look into the issue. "I can understand if there is error in calculating 0.1 per cent of 0.2 per cent, but from 6.8...
  • Industrial growth rises to 4.1 pc in February April 12, 2012

    Mumbai: The growth in February industrial production (IIP) has come in at 4.1 per cent, which is an improvement over the January number. The January IIP number has been revised to 1.1 per cent from 6.8 per cent (provisional). The Central Statistical Organization revised January IIP figure after it spotted...
  • Industrial output grows 1.8 pc in December 2011 February 10, 2012

    New Delhi: Industrial production grew by just 1.8 per cent yearonyear in December 2011 due to contraction in mining and capital goods sectors and a lower manufacturing sector growth. Factory output growth, as measured by the Index of Industrial Production (IIP), was at 8.1 per cent in December 2010. Output of the...
  • Industrial growth slows from 5.6 to 4.1 pc in Aug October 12, 2011

    New Delhi: The industrial growth of the country slowed to 4.1 per cent in August on account of the poor performance of the manufacturing sector and a decline in mining output, indicating an economic slowdown. Growth in factory output, as measured in terms of the Index of Industrial Production (IIP), stood...
  • Industrial growth falls to 5.6 per cent in May July 12, 2011

    New Delhi: Indicating sluggishness in the economy, industrial growth fell to 5.6 per cent in May this year from 8.5 per cent in the same month last year, mainly due to the poor performance of the manufacturing and mining sectors. Factory output in the month of April, as measured in terms...
  • Industrial growth slows to 3.6 pc in February April 11, 2011

    New Delhi: Industrial growth slowed to 3.6 per cent in February, 2011, compared to 15.1 per cent expansion in the yearago period, dragged down by poor performance of manufacturing and mining sectors. However, overall 15 out of 17 industry groups achieved positive growth in the second month of 2011. Growth in factory...
  • IIP nosedives to 2.7 pc in November 2010 January 12, 2011

    New Delhi: Industrial growth nosedived to 2.7 per cent in November 2010 against 11.3 per cent in the same period a yearago, pulled down by dismal performance of manufacturing sector, particularly the consumer nondurables. In October 2010, the Index of Industrial Production (IIP) had expanded by 11.29 per cent. The industrial growth...
  • Rationalise direct taxes: CII to govt February 15, 2010

    New Delhi: The Confederation of Indian Industry (CII) has urged the government to rationalise direct taxes which would help consolidate the manufacturing sector, mitigating the effects of the global slowdown, and also facilitate its transition to the next level of growth. "Rationalisation in direct taxes is among the critical policy instruments...