Industrial output, inflation data to drive trade
The rupee is expected to consolidate further and head towards 55.70-56.00 per dollar next week, while bond yields are expected to hold in a range ahead of the factory output and inflation data due lat
Indian factory growth at four-month high in June
India's factory sector expanded in June to a four-month high, a key survey showed on Monday, indicating an improvement in business conditions despite widespread concern over the nation's economy.
The
Rs 13,000 crore booster for electric, hybrid vehicles on the anvil
The government plans to invest around Rs 13,000 crore over a period of eight years to promote electric and hybrid vehicles in the country and the Department of Heavy Industries is expected to seek Cab
Indian industrial output up just 0.1 per cent in April
India's industrial output grew a weaker-than-expected 0.1 per cent year on year in April, official data showed on Tuesday, amid growing concerns about a slowdown in the economy.
The manufacturing sec
IIP figures disappointing, need to give positive signals: FM
Expressing disappointment over dismal 0.1 per cent industrial growth rate in April, Finance Minister Pranab Mukherjee on Tuesday said the government would take steps to give positive signals to the in
Indian manufacturing keeps up pace in May
India's manufacturing sector kept up its steady expansion in May, with fast-rising output evened out by slowing growth of domestic order books, a business survey showed on Friday.
The HSBC manufactur
Business confidence recovering but concerns remain: CII
Most Indian firms have recovered business confidence, but stagnancy in reforms, high interest rates and increased raw material costs still remain top concerns, according to a survey by industry lobby,
Jan IIP data revision totally baffling: Pranab
Terming sharp revision in the industrial production data as 'totally baffling', Finance Minister Pranab Mukherjee on Friday said he has asked the authorities concerned to look into the issue.
"I
IIP disappointing; Govt, RBI will take steps to revive it: Pranab Mukherjee
Attributing the 'disappointing' industrial growth performance to tight monetary policy and global factors, Finance Minister Pranab Mukherjee on Thursday said government and RBI will take steps to revi
Industrial growth slows to 4.1 per cent in February
Showing persistent sluggishness in the economy, industrial production growth slowed to 4.1 per cent in February this year, mainly due to poor performance of manufacturing sector and consumer goods