"From the chamber, we are requesting both the RBI and government to lower interest rates. But after talking to them, there are larger issues for which RBI is not keen for a drastic cut in rates," Assocham President Sunil Kanoria said.
CARE Ratings has come out with its report on Index of Industrial Production for September 2011
In an interview with CNBC-TV18, Manish Sanghi, MD, Everest Industries spoke about the quarterly performance of the company and the road ahead.
Industrial growth in February saw a slight dip. Index of Industrial Production (IIP) for the month came in at 3.6% as against 3.7% in January. A CNBC-TV18 poll had indicated that the figure might grow by 4.85% in February as compared to 3.7% in the previous month.