Without the contribution of the steel sector, industrial production would have contracted significantly from a year ago
The need of the hour is lesser short-term regulation and greater focus on long-term goals
Improved capacity utilisation…provides a lead indication of a “reinvigoration of investment activity,” says RBI staff paper.
Equity markets have rallied globally and this has helped Indian stocks as well, says Sridhar Sivaram of Enam Holdings. "The domestic picture seems to have improved and that has helped as well."
According to Shirish Rane, head of research, IDFC Securities green shoots are already visible in the roads and ports sector. The volumes in both the container segment and bulk have grown substantially, which in turn is driving the volume growth for ports.
Ramashrya Yadav, Joint CEO, Orbit Corporation says wherever the price correction has happened the volumes are slowly inching up.
The study comes days after Finance Minister P Chidambaram said the green shoots are visible and measures taken by the government will help the economy achieve the potential growth rate of 8 percent.
All six indices, including volume of sales, selling prices, new orders, inventory, employees and profits, have declined and three of the six indices are at a four quarter low and the fourth index is at a 14 months low. So it is bad news all around unfortunately