The industrial output grew by 0.2 per cent in September, according to the Index of Industrial Production (IIP) data
Coal, electricity and steel, which constitute over half of the core sector index, showed a rise in production in September
Industrial activity bore the brunt of localised lockdowns and work restrictions in August, chipping away nearly a tenth of the factory output
Though September high-frequency indicators offer hope, August IIP data shows well performing FMCG sector went from green to red, while recovery turned stale for primary goods
The output of mining and power segments fell 9.8 per cent and 1.8 per cent, according to official data
Slowing pace of recovery and sluggish manufacturing output has experts worrying over Q2 GDP growth
Rating agency ICRA had expected a single-digit contraction in the upcoming print for the Index of Industrial Production for July 2020
Sidbi to meeting capital challenge of artisans. MSMEs manufacturing of special products under the one-district-one-product (ODOP) scheme would also be able to avail assistance
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Seasonally adjusted, industrial production grows nearly 24% month-on-month
All the components of the IIP - mining, manufacturing and electricity - saw contraction on a smaller magnitude as compared to the previous month
Quality of numbers could affect economic policy response
Subramanian also said that the Centre had gone beyond its means to support states, was keeping its options open regarding deficit monetisation, and that the new privatisation policy would be out soon
With GDP growth seen shrinking, funds likely to chase stocks with high growth forecast
Experts warn much worse is yet to come with April seeing 20 days of lockdown versus March's one-week
The Index of Industrial Production was revised up for December to 0.07% growth, from a contraction of 0.3% in the provisional estimate
Retail inflation rose sharply to 7.35 per cent in December 2019.
The Index of Industrial Production (IIP) had grown by 0.2 per cent in November 2018
India's industrial production expanded in November after seeing three straight months of decline
The month-on-month decrease is more than twice that posted by India's industrial sector in the same month, at 4.3 per cent, according to IIP data released by the Central Statistics Office