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 cent contraction earlier. ...
11:41 AM, Mar 12, 2013
ndia'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's-third largest economy is showing signs of recovery. ...
11:42 AM, Feb 12, 2013
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 April-August period, industrial production expanded an annual 0.4 per cent. A CNBC-TV18 poll had expected the industry to grow very marginally just close to about 0.94 per cent versus a figure of 0.1 per cent in the previous month....
11:24 AM, Oct 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 the industrial production data which revealed a meagre growth of 0.1 per cent in July, down from 3.7 per...
07:23 PM, Sep 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 -0.2 per cent versus 3.1 per cent in July 2011. The mining sector growth also fell to -0.7 per...
11:33 AM, Sep 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 on year in July, according to a median forecast of 30 economists, after shrinking 1.8 per cent in June,...
08:36 AM, Sep 12, 2012
Index of Industrial production (IIP) for the month of June has come in at a dismal -1.8 per cent, way below the CNBC-TV18 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 the stock market, which gave up some of its morning gains. The IIP figure for the month of May,...
11:36 AM, Aug 09, 2012
India's industrial output unexpectedly contracted 3.5 per cent in March from a year earlier, government data showed on Friday. ...
12:04 PM, 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 CNBC-TV18 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, shrank an annual 4.4 per cent from a year earlier, the statistics office said. The overall...
11:38 AM, May 11, 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 per cent to 1.1 per cent, it is totally baffling," Mukherjee told reporters here, commenting on the sharp revision...
11:29 PM, Apr 13, 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 an error in sugar output numbers. Based on the January provisional numbers, a CNBC-TV18 poll had estimated February IIP growth...
11:40 AM, Apr 12, 2012
New Delhi: Industrial production grew by just 1.8 per cent year-on-year 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 manufacturing sector, which constitutes over 75 per cent of the index, rose at a lower rate of 1.8...
12:01 PM, Feb 10, 2012
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 at 4.5 per cent in August last year. During the April-August period this fiscal, IIP growth stood at 5.6...
11:42 AM, Oct 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 of the Index of Industrial Production (IIP), has also been revised downward to 5.7 per cent from the earlier...
12:21 PM, Jul 12, 2011
New Delhi: Industrial growth slowed to 3.6 per cent in February, 2011, compared to 15.1 per cent expansion in the year-ago 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 output in February, as measured in terms of the Index of Industrial Production (IIP), was lower than the...
11:33 AM, Apr 11, 2011
New Delhi: Industrial growth nosedived to 2.7 per cent in November 2010 against 11.3 per cent in the same period a year-ago, pulled down by dismal performance of manufacturing sector, particularly the consumer non-durables. In October 2010, the Index of Industrial Production (IIP) had expanded by 11.29 per cent. The industrial growth during April-November of this fiscal stood at 9.5 per cent, against 7.4 per cent in the corresponding period...
12:12 PM, Jan 12, 2011
Industry body feels it would help consolidate manufacturing sector. ...
10:15 AM, Feb 15, 2010
Growth driven by a robust performance by the manufacturing sector. ...
01:03 PM, Feb 12, 2010
Industrial output rose 10.4 percent in August from a year earlier. ...
01:57 PM, Oct 12, 2009
Consumers can take heart as inflation fell to a seven-year low of 2.43 per cent. ...
11:25 PM, Mar 12, 2009
