Iip Numbers

The sub-index of capital goods production in February 2024 was not only lower than in February 2019, but 10.6 percent lower than its level in February 2018

What the IIP numbers say about consumption demand

The month-on-month rise in consumer durable production in September 2023 was 1.7 percent while consumer staples production fell by 3.5 percent

Macro disappoints as inflation goes up & IIP slips: CRISIL

CRISIL Research has come out with its report on Economy. The research firm expects CPI inflation at 5.8% in 2015-16, down from 6% in 2014-15.

RBI to cut policy rates in next policy: Kotak Securities

Kotak Securities believes that, the economy has yet not recovered from the lows and although we are expecting recovery in economic activities from current levels. "Expect the RBI to cut policy rates in the next policy scheduled on 3rd Feb", says the report.

Sell USDINR below 61.60; target of 61.30: Way2Wealth

Way2Wealth has come out with its report on currencies. According to the research firm, one can Sell USDINR around 61.60 for target of 61.30 with a stop loss of 61.71

There won't be sharp upturn in IIP nos' momentum: JPMorgan

The momentum is not going to sharply turn up simply because we know more or less that the PMI numbers did not report any sharp upturn in the momentum in IIP.

Trade deficit can settle much lower to $17bn: Deutsche Bank

Trade deficit is an economic measure of a negative balance of trade in which a country's imports exceeds its exports. It represents an outflow of domestic currency to foreign markets.

Can't cheer Feb IIP, but recovery on anvil: Credit Suisse

IIP numbers for the month of February stood on a better than expected mark, at 0.6 percent. It outperformed CNBC-TV18 poll, which had an estimate of negative 1.7 percent. However, Robert Prior-Wandesforde, Credit Suisse sees this positivity as a quite sad part.

CPI likely to remain in double-digits ahead: JPMorgan

Sajjid Chinoy, economist, JPMorgan in an interview to CNBC-TV18 says one must not over-read or over-interpret the industrial output numbers.

Global mkts stable; IIP, CPI numbers clincher for Nifty

Thursday did not sizzle with momentum, but still the Nifty got very close to 5,600, but one has to see whether this is a more durable pullback. It is an important day for the market with the earnings season kicking off today with IT major Infosys.

IIP improvement shows change in eco sentiment, says Thermax

MS Unnikrishnan, managing director, Thermax says the positive Index of Industrial Production (IIP) numbers are indicative of improving economic sentiment in India.

Angel Broking expects 25bps rate cut in March 2013

Angel Broking has come out with its report on "Index of Industrial Production (IIP) update for December 2012". According to the research firm, as far as RBI's monetary policy stance is concerned, it is likely to be more supportive towards growth and 25bps cut in the repo rate is expected in March.

CRISIL expects GDP growth to dip below 5% in H2FY13

CRISIL Research has come out with its report on GDP data 2012-13. According to the research firm, the RBI is expected to continue with its pro-growth stance and the government has taken significant steps towards structural reforms to curtail fiscal deficit.

IIP at -0.1%, realigns to muted growth, rate cut visible

Emkay Global Financial Services has come out with its report on economy update. According to the research firm, rising cost structure and weakening demand will keep the inflation-growth friction alive.

Nifty erases early gains; HUL, ITC lose over 2%

Key equity benchmarks came under a bit of selling pressure, giving up their early morning gains, after a disappointing set of IIP numbers, ignoring better-than-expected results for IT bellwether Infosys.

RBI may take interest rate call in Jan 2013: CARE Ratings

CARE Ratings has come out with its report on inflation data of November 2012. According to the rating agency, sticky inflation above the level of 7% and rising IIP numbers simultaneously may not prompt the Reserve Bank to reduce lending rate in the upcoming mid-quarter review of the monetary policy on December 18.

See inflation at 7.8%; expect 50bps rate cut: Credit Suisse

Robert Prior-Wandesforde of Credit Suisse believes there can be a downside surprise to the IIP numbers and expects inflation to be at 7.8 percent.

Bajaj Auto numbers reflect signs of poor demand

Way2Wealth has come out with its report on auto sector. According to the research firm, Bajaj Auto's motorcycle sales are at its lowest ever levels this FY, which has come as a negative surprise. The sales of new Pulsar 200 NS saw a 29% jump MoM at 7200 units and Discover 125ST saw a significant jump of 74% MoM at 25k units.

I-Sec's Prasanna optimistic about IIP clocking 2.5% growth

The ministry of commerce and industry said output at India's core industries grew at an annual rate of 3.8% in May. In an interview to CNBC-TV18, A Prasanna, chief economist of I-Sec PD gives his view on the core sector data which was released on June 29.

Mecklai Graph of the day: Core Industries driver of IIP

As seen in the above graph barring the IIP numbers for March 2012 in which it printed a contraction of 3.5%, in all the remaining months whenever we have seen the core industries data releasing in the positive territory, the following IIP data have always released positive.

Despite weak IIP, 7% growth possible: Rangarajan

C Rangarajan, chairman, PMEAC says IIP numbers are disappointing. Sharp decline in capital good is the reason for decline in industrial production.

See Nifty below 5150 if policy paralysis persists: Baliga

Foreign fund inflows have been the driving force for the market from the past few months. Given the uncertainty on policy front foreign intuitional investors (FIIs) seem to be quite scared of the market now, Ambareesh Baliga, chief operating officer of Way2Wealth said.

Budget Expectations: Need mining reforms to deal with slowdown, says Tata Steel

As Budget 2012 approaches, Tata Steel’s managing director HM Nerurkar thinks it's time the government takes a serious note of the industry's concerns, reports CNBC-TV18’s Amrita Panja.

See 10-year yield in 8.25-8.75% range till Mar: HDFC Bank

Bond markets are presenting an interesting position. Ashish Parthasarthy of HDFC Bank expects 10-year bond yields to be in a broad range of 8.25-8.75% from now till March. He also mentioned that a cash reserve ratio (CRR) cut is reasonably expected. Moreover, his forecast for the credit growth is around 17-17.5%.

Don't see RBI cutting rates in panic post IIP nos: YES Bank

Shubhada Rao, chief economist at YES Bank says RBI is unlikely to rush into rate cuts looking at the IIP numbers. "However, instead of May 2012, RBI may start cutting rates in March," she says.