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Sensex gains most in 11 weeks, up 4.27%14-NOV-09
Stock markets were propelled by robust industrial growth data, the government’s reform initiatives and strong global markets. The Sensex ended the week higher by 690.55 points, or 4.27 per cent, at 16,848.83, while the Nifty closed at 4,998.95, up 202.80 points, or 4.23 per cent.
Affordable housing to drive industrial growth: govt09-NOV-09
The government today said that affordable housing will drive the construction sector and subsequently the industrial output during the current fiscal.
Industrial growth signals recovery, says FM12-OCT-09
Buoyed over 22-month high industrial growth of 10.4 per cent in August, Finance Minister Pranab Mukherjee today said it is a recovery process from the earlier slowdown caused by the global financial crisis and possibly there could be some higher growth projection.
Industrial growth at 6.8% in July signals recovery11-SEP-09
Factory productions expanded at a greater pace for the second month in a row growing by 6.8 per cent in July against 6.4 per cent a year ago, signalling an industrial recovery.
Renu Kohli: Industrial growth you can bank upon05-SEP-09
The drop in the growth of bank credit to less than half of what it was five years ago is worrying everyone — both nominal and real credit growth are almost 4 per cent below the historical average for two decades.
Composite silk unit in near Guwahati20-AUG-09
Assam, which produces three types of indigenous wild silks – Muga, Pat and Eri, today got a composite silk unit at Chaygaon Industrial Growth Centre, near Guwahati. The composite unit, or Eri Spun Silk Mill, came up with an investment of Rs. 5.5 crore, which includes infrastructure for spun silk mill, machineries, looms etc. The unit is expected to go a long way in adding value to the silk industry of Assam. The unit was inaugurated by union minister of textiles, Dayanidhi Maran. For the establishment of the unit, along with additional facilities like weaving processing and dyeing etc., the Central Silk Board (CSB), under the ministry of textiles, and the state government of Assam had provided a subsidy of Rs. 155.30 lakh and Rs. 48.10 lakh respectively to the promoter of the unit, Fabric Plus Pvt. Ltd., for installation of machineries, equipments etc. The promoter also contributed an amount of Rs. 22.60 lakh.
Industrial growth will improve continuously, says govt29-JUL-09
India's industrial production is expected to continue its upward trend on increased economic activity propelled by huge demand in the affordable housing sector, Department of Industrial Policy and Promotion Secretary Ajay Shankar said today.
Industrial growth may decline to 1.5-2.5% in June: D&B14-JUL-09
Research firm Dun & Bradstreet (D&B) today said the country's industrial growth is likely to fall between 1.5 per cent and 2.5 per cent in June from 2.7 per cent in May, mainly due to muted external demand conditions.
Worst over, but robust growth has to wait: Montek10-JUL-09
Expressing satisfaction at the doubling of industrial growth in May over April to 2.7 as compared to April, Planning Commission Deputy Chairman Montek Singh Ahluwalia today said the worst of the economic crisis is over but returning to robust growth will take time.
Industry grows 2.7% in May, up from 1.2% in April10-JUL-09
Showing signs of economic recovery, industry grew 2.7 per cent in May though the growth is much lower than the 4.4 per cent recorded in the corresponding month last year.
UPDATE: Industrial growth again turns negative in Jan12-MAR-09
Industrial output showed negative growth for the second month in a row, the decline being 0.5 per cent in January, highlighting that stimulus packages failed to perk up manufacturing as well as mining so far. This is the first time in 16 years that industry shrank for two consecutive months.
Gujarat unveils new Industrial Policy06-JAN-09
With a view to becoming Asian leader in terms of industrial growth and attracting quality investments, Gujarat government today announced its new Industrial Policy 2009, which, among other things,
Madan Sabnavis: Tracing patterns in industrial growth29-DEC-08
The primary factors driving industrial growth are investment and foreign trade growth, not growth in capital issues, foreign investment or the Sensex, says Madan Sabnavis The negative growth in
China's industrial growth slows further15-DEC-08
Growth in China's factory output fell to its lowest level in nearly seven years as trade plunged, data showed today, adding to the threat of heavy job losses that could fuel unrest.
Vidya Mahambare: A case against protectionism12-DEC-08
A fourth of India's industrial growth in the 1990s can be directly traced to the lowering of import barriers.
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