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IIP AUGUST
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's industrial production contracts 0.1 per cent in August 2024India's Index of Industrial Production (IIP) contracted by 0.1 per cent in August on an annual basis, following a 4.7 per cent growth in Ju...
- Core sectors' output shrinks 1.8% in Aug on heavy showersThe output of eight core infrastructure industries in August saw a decline of 1.8% after 42 months of growth, mainly due to heavy seasonal ...
- India's industrial growth slows to three-month low of 5.8% in Sep from 10.3% in AugIndia's industrial production increased by 5.8% in September, following a 10.3% increase in August and 3.3% in the same month a year ago. T...
- India's industrial production grows 10.3% in August, highest since June 2022India's industrial production in August rose to 10.3 per cent after growing 5.7 per cent in July, official data showed on Thursday.
- 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...
- Factory output jumps to 9-month high in August, inflation easesIndices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of August 2017 rose 3.3%, 1.6% and 6.2...
- Factory growth, inflation likely to trend higher: ReportAccording to official data, India's retail inflation had swelled to 5-month high of 3.36 per cent in August on costlier vegetables and frui...
- 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...
- 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 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.
- 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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