"IIP is due for revision, it is under process at a very advanced stage. WPI is also up for revision. Similar to IIP, it is also at the very advanced stage. Both of these will be revised, as per my expectations shortly within the current year," Chief Statistician TCA Anant told in an interview to PTI.
Attributing two factors - depreciation of rupee and gas shortage - for some of the 'anomaly' between growth in output and demand, it said there was a risk for further dip in plant utilisation in the short-term.
Jamshedpur plant of Tata Motors may be closed for five days from September 26 on the back of a slump in demand, sources say.
Suresh Sadagopan of Ladder7 Financial Advisories elaborates six points on how one can go about in the current market scenario.
What is happening in the US, Europe and such other big economies, in terms of their economic data, political events, geopolitical concerns, have an impact on commodity prices. domestic concerns such as slowdown in construction, rising inflation, political unrest too have an impact