Nov 12, 2021 05:42 PM IST
Measured by the Index of Industrial Production (IIP) data, which was released by the Centre on November 12, industrial output maintained growth in the latest month even though the headline figures fell.
- Oct 14, 2021 07:27 PM IST
Macroeconomic indicators show encouraging signs and consumption picks up, and policymakers and economists are now broadly confident the growth momentum will sustain, especially given that vaccinations continue at a brisk pace.
- Oct 12, 2021 05:56 PM IST
Industrial production had almost caught up with pre-pandemic levels by July. In August, this expanded significantly. In August, 2019, production had contracted by 7.3 percent.
- Sep 10, 2021 05:57 PM IST
Industrial production has almost caught up with pre-pandemic levels. Compared to July, 2019, production was just 0,3 percent lower in the latest month.
- Sep 06, 2021 05:52 PM IST
The third wave of the pandemic remains an X factor for India’s economy, although some see the pace of vaccination as an encouraging trend. If there are no major changes in Covid-19 infection numbers in the short term, most sectors of the economy are set to recover firmly.
- Aug 12, 2021 05:53 PM IST
Cumulative industrial production growth in the first quarter (Apr-Jun) of the FY22 financial year stood at 45 percent, as compared to the 35.6 percent contraction in the first quarter of FY21.
- Jul 12, 2021 05:43 PM IST
With the early part of 2020 witnessing nationwide shutdown, low base effects have thrown economic calculations haywire and resulted in volatile growth numbers. Economists say this will continue to mar industrial production figures till at least June.
- Jun 11, 2021 05:49 PM IST
With the early part of 2020 witnessing nationwide shutdown, low base effects have thrown economic calculations haywire and resulted in volatile growth numbers. Economists say this will continue to mar industrial figures till at least June.
- Jun 01, 2021 04:40 PM IST
Though the sector clocked a 6.9 percent growth in Q4FY21 in the IHS Markit India index, it was calculated on the low base of the previous year, they say. With domestic demand suffering a setback across the country, the challenges to manufacturing continue and are expected to exacerbate in the coming quarter.
- May 31, 2021 05:53 PM IST
India GDP data for FY21: While manufacturing sector posted recovery in the fourth quarter of FY21, it contracted 7.2 percent on an annual basis
- May 12, 2021 05:47 PM IST
Cumulatively, India's industrial output shrunk 8.6 percent in FY21, as compared to a 0.9 percent contraction in FY20. Output shrank during 9 months in 2020-21.
- May 11, 2021 08:40 PM IST
The Ministry of Statistics and Programme Implementation will release CPI inflation for April and Index of Industrial Production for March on May 12. The Commerce Ministry’s Office of the Economic Advisor will release Wholesale Price Index-based inflation for April on May 14.
- Apr 12, 2021 05:44 PM IST
India's industrial output has shrunk 11.3 percent in the April-February period of FY21, as compared to the same period of the previous year. It has shrunk 8 out of the first-11 months of the 2020-21 financial year.
- Apr 06, 2021 09:48 PM IST
While data points like GST, housing and vehicle sales indicate that the economy is still on a strong path to recovery, industrial production and manufacturing sentiment numbers show that there is still a cause of concern. As COVID numbers spike again, Moneycontrol takes a look at some key high-frequency data.
- Mar 15, 2021 10:39 AM IST
Retail inflation prints may remain high for the next few months due to high commodity prices.
- Mar 13, 2021 02:49 PM IST
As the Nifty formed a bearish hammer with a lower high formation on the weekly chart, it is advisable to reduce weak long positions at resistance levels, say experts.
- Mar 12, 2021 08:16 PM IST
The dual economic challenge continues in 2021 as a fragile manufacturing sector drags down industrial production in January while the ripple effect of higher fuel prices continues to raise inflation in February.
- Mar 12, 2021 06:06 PM IST
Driven by the surge in food and fuel prices, the retail inflation rate has reached its highest mark in the past three months.
- Feb 26, 2021 05:56 PM IST
In a sign of recovery, demand for loans picked up in January based on Reserve Bank of India data.
- Jan 13, 2021 08:21 AM IST
The Consumer Food Price Index (CFPI) or the inflation in the food basket eased to 3.41 percent in the month of December, down from 9.50 percent in November.
- Jan 12, 2021 08:36 PM IST
While retail inflation for December came down to within the Reserve Bank of India’s medium-term inflation target after eight months, industrial production in November contracted after two months of expansion.
- Jan 12, 2021 05:57 PM IST
The previous high recorded was in February 2020, when IIP rose 5.2 percent, while it plunged to 0.48 to percent in September 2020 following the dry months after the COVID-19 lockdown. The IIP for November last year grew 2.1 percent.
- Dec 12, 2020 10:02 AM IST
Experts are of the view that the momentum remains strong and every dip is getting bought. The next target for the index is placed at 14,000, and on the downside 13,000 will act as crucial support.
- Dec 11, 2020 05:54 PM IST
The October IIP jumped significantly, rising 3.6% YoY against 0.2 percent September
- Nov 12, 2020 06:03 PM IST
The IIP index fell 15.7 percent in June and had contracted 10.4 percent in July 2020.