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AUGUST IIP
Capital goods boom, apparel bust: India's manufacturing growth is concentrated where it creates the fewest jobsIndia's industrial growth shows a worrying divide. Capital-intensive sectors driven by domestic demand are performing well. However, labor-...- India IIP data for August out, industrial production shrinks 0.8%Retail inflation data for September was also released today. It showed CPI jumped to 7.4 per cent during the month owing to a rise in food ...
- Factory output surges 11.9 per cent in AugustIndia’s Index of Industrial Output surged to 11.9 per cent in the month of August. This is an increase of 0.4 per cent from the previous mo...
- Plunging capital goods output dragged IIP: India RatingsThe rating agency added that industrial growth is unlikely to return to a sustained positive growth path so long as private sector investme...
- Don't think IIP is caught on back to normalcy: MS Unnikrishnan, ThermaxThere could be a positive enthusiasm for the second half on account of the fact that monsoon had been more than normal, said MS Unnikrishna...
- IIP, CPI data show steady growth: Finance MinistryThe August IIP growth has registered an increase of more than 6 % after 34 months, a ministry statement said late Tuesday.
- Latest IIP, CPI data shows steady economic growth: Finance MinistryThe August IIP growth has registered an increase of more than 6 % after 34 months, a ministry statement said late Tuesday.
- Pre-market: Nifty seen opening higher; CPI, IIP data eyedTracking the momentum, the Nifty index is expected to surpass its previous record high of 8383.05.
- Latest IIP data not worrisome: Nirmala SitharamanMinister said that had it not been the case, global rating agencies like Standard & Poor's would not have given a stable outlook on India.
- August IIP disappoints at 0.4% versus 0.4% in JulyThis suggests there is still no pickup in investment and inflation-scarred consumers may be reluctant to loosen purse strings any more than...
- Clear signs of stagnation: Little hint of recovery as August IIP at 0.6% versus 2.75% in JulyIIP rose much less than expected in August, dimming festive spirits after a series of positive data releases had raised hopes that the Indi...
- August IIP likely to be 1-2 per cent : Dun & Bradstreet reportFactory output is likely to be in the range of 1-2 per cent in August and industrial performance will remain a concern for the next few mon...
- September IIP contracts shockingly to -0.4% YoYThe consumer durables sector contracted at (-)1.7% versus a growth of 8.9% year-on-year. The manufacturing sector growth also fell sharply ...
- IIP data improves after several months of stagnant growthBut there seem glaring discrepancies in the IIP data in several other sectors. They need correcting.
- August IIP at a high of 2.7 pc due to base effect: AnalystsWith the IIP surprising on the upside at 2.7 pc for the month of August, analysts and experts have cheered the expansion.
- ET Comment on IIP: Urgent need to firm up statistical wings of the governmentThe private sector's booming demand for statisticians has driven up their salaries way beyond what the government pays and so many statisti...
- IIP growth disappointing; may affect Q2 GDP: Pranab"To what extent it (slowdown in IIP) would affect, it would be premature to make any assessment," Mukherjee added.
- August IIP below estimates: Analysts viewIndustrial output growth for July was upwardly revised to 3.84 per cent, the federal statistics office said in a statement.
- IIP growth rate likely to slip to about 10%, say expertsAfter showing a robust growth of 13.8 per cent in July, industrial production for August is likely to slip to around 10 per cent, say exper...
- IIP likely to clock 5-7% Sept growthThe industrial growth is expected to recover to 5-7% in September from the 13-year low of 1.3% it fell to in August 2008. Eminent economist...
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