Page 3 - Index Of Industrial Production

Retail inflation eases to 4.25% in May; April IIP rises 4.2% vs 1.1% in Mar

It was for the second month in a row that retail inflation remained within the RBI's comfort zone of below six per cent

Demand for machine tools on rise in many sectors: Industry official

The demand for machine tools has been increasing among many industries including aerospace, defence, infrastructure, railways, and power, industry officials said here on Wednesday. There has been a strong rebound in domestic production with annual growth rates, as per the index of industrial production (IIP) becoming positive in FY2021-22 after showing a negative growth due to the covid-19 outbreak. The production in the industry has seen an estimated 40 per cent year-on-year growth in FY2021-22 while consumption recorded a 30 per cent rise in the same period. Senior leaders of the industry led by Ambattur Industrial Estate Manufacturers Association (AIEMA) President T Nalangilli, ACMEE Chairman K Sai Sathya Kumar, ACMEE convenor P S Ramesh were here to announce the 15th edition of ACMEE 2023 scheduled to be held between June 15 to 19 in Chennai. ACMEE stands for -- Automobile and Ancillaries, Consultancy and Services, Machinery and Machine Tools, Electrical and Electronics, Energy

India's industrial production rises 5.6% in February vs 5.2% in January

Factory output measured in terms of the Index of Industrial Production (IIP) grew 1.2 per cent in February 2022

Manufacturing output in IIP still shows weakness as headline numbers grow

One reason for decline is muted domestic demand, particularly in rural areas due to high inflation

India's GDP growth forecast at 7% in FY23 and 6% for FY24: Acuite Ratings

Credit rating agency Acuite Ratings & Research on Monday reiterated its forecast of Indian gross domestic product (GDP) growth at 7 per cent for FY23.

India's industrial production growth recovers to 5.2% in January

Infrastructure goods and capital goods grew at a robust 8.1 per cent and 10.95 per cent, respectively

Industrial production growth slips to 4.3% in Dec from 7.3% in Nov

Mining output rose by 9.8 per cent and power generation increased by 10.4 per cent during the month under review

IIP growth rebounds to 7.1% in Nov; retail inflation eases to 5.7% in Dec

RBI Governor Shaktikanta Das in his latest monetary policy statement had expressed concern over "sticky and elevated" core inflation, holding that the battle against inflation was not over yet

Industrial production expands by 7.1% in Nov 2022 vs -4% in Oct: Govt data

The mining output rose by 9.7 per cent and power generation increased by 12.7 per cent during the month under review

Industrial production grows 3.1% in September, mining output up 4.6%: Data

India's industrial production grew 3.1 per cent in September, according to official data released on Friday. The Index of Industrial Production (IIP) had grown 4.4 per cent in September 2021. As per the IIP data released by the National Statistical Office (NSO), the manufacturing sector's output grew by 1.8 per cent in September 2022. The mining output rose 4.6 per cent and power generation increased 11.6 per cent during the month.

High food prices push retail inflation to 5-month high of 7.41% in Sept

IIP shrinks 0.8% in Aug - a first in 17 months

Manufacturing in dire straits: Output up just 1.1% compared with 2019-20

Electricity output has grown around 11%; consumer durables and non-durables have contracted 6.7% and 2.4%, respectively

Retail inflation rises to 7% in Aug as food prices surge; IIP growth slows

FinMin blames adverse base effect, increase in food and fuel prices

Top headlines: Retail inflation rises to 7% in August; AI leases 30 planes

India plans to pay about Rs 20,000 crore ($2.5 billion) to the state-run fuel retailers, such as Indian Oil Corp., to partly compensate them for losses and keep a check on cooking gas prices

Most economists see GDP growing at slower pace in Q1 than MPC projection

At the MPC's estimate of 16.2%, the economy would have grown 6.1% over the corresponding quarter of 2019-20

Top headlines: Retail inflation eases to 7.01% in June; May IIP grows 19.6%

Industrial production growth zoomed to 19.6% in May, as per the National Statistical Office (NSO) data.

CPI inflation pegged at 6.8-7.25% in June; IIP growth at 14.5-24% in May

According to MPC's own projections, the inflation rate may not come down below 6% on average before the fourth quarter of the current financial year

At 7.1%, India's factory output jumps to eight-month high in April

Electricity output rose to double digits in April

Rupee rebounds from all-time low; rises 19 paise to 77.31 against US dollar

At the interbank foreign exchange, the rupee opened at 77.35 against the American dollar, then gained further ground to quote at 77.31, registering a rise of 19 paise from the last close

IIP rises by 1.7% in Feb from 1.3% a month earlier on mining push

Mining grew at a faster 4.5% in February, from 2.8% in Jan; Mfg growth slipped to 0.8% from 1.1%