Page 3 - Index Of Industrial Production
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
 "Retail inflation rises to 7% in Aug as food prices surge; IIP growth slows")
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
 "Top headlines: Retail inflation rises to 7% in August; AI leases 30 planes")
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
 "Most economists see GDP growing at slower pace in Q1 than MPC projection")
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.
 "Top headlines: Retail inflation eases to 7.01% in June; May IIP grows 19.6%")
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
 "CPI inflation pegged at 6.8-7.25% in June; IIP growth at 14.5-24% in May")
At 7.1%, India's factory output jumps to eight-month high in April
Electricity output rose to double digits in April
 "At 7.1%, India's factory output jumps to eight-month high 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
 "Rupee rebounds from all-time low; rises 19 paise to 77.31 against US dollar")
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%
 "IIP rises by 1.7% in Feb from 1.3% a month earlier on mining push")
Sensex falls 388 pts, Nifty holds 17,500; private banks shine, metals crack
CLOSING BELL: Axis Bank, Kotak Bank, Maruti Suzuki, Power Grid, SBI Life, and ICICI Bank were the top winners on the benchmark indices, rising upwards of 0.5 per cent each
 "Sensex falls 388 pts, Nifty holds 17,500; private banks shine, metals crack")
Factory output decelerates in November, retail inflation spikes in December
Rising pricing pressure in clothing and footwear (8.3%) and fuel group (10.95%) contributed to the rise in retail inflation while food prices rose to 4.05%
 "Factory output decelerates in November, retail inflation spikes in December")
IIP growth dips to eight-month low of 3.2% in Oct as manufacturing drags
The index had risen 4.5 per cent in October last year against 1 per cent in the previous month
 "IIP growth dips to eight-month low of 3.2% in Oct as manufacturing drags")
Industrial production grows 3.2% in October: Govt data
India's industrial production rose 3.2 per cent in October, according to official data released on Friday. As per the Index of Industrial Production (IIP) data by the National Statistical Office (NSO), the manufacturing sector's output grew 2 per cent in October 2021. In October, the mining output climbed 11.4 per cent, and power generation increased 3.1 per cent. The IIP had grown by 4.5 per cent in October 2020. During April-October this year, the IIP grew 20 per cent against a 17.3 per cent contraction in the same period last year. Industrial production has been hit due to the coronavirus pandemic since March last year when it had contracted 18.7 per cent. It shrank 57.3 per cent in April 2020 due to a decline in economic activities in the wake of the lockdown imposed to curb the spread of coronavirus infections.
 "Industrial production grows 3.2% in October: Govt data")
IIP rises past pre-Covid level; grows 11.9 per cent in August
Double-digit growth in industrial output can be attributed to the impact of a low base
India's core sector output grows 9.4% in July on the back of low base
Except crude oil, 7 sectors have shown an uptick YoY
 "India's core sector output grows 9.4% in July on the back of low base")
Core sector growth at 9.4% in July, against (-) 7.6% in year-ago period
The production of eight core industries rose by 9.4 per cent in July against a 7.6 per cent decline in the year-ago month, official data released on Tuesday showed.
 "Core sector growth at 9.4% in July, against (-) 7.6% in year-ago period")
Commodity conundrum
Higher international prices will increase policy risks
 "Commodity conundrum")
IIP shoots up on low base, retail inflation eases to a three-month low
Economists say policy rate reduction unlikely
Feb factory output shrinks 3.6% in sharpest contraction in six months
The cumulative decline during April-February (2020-21) was 11.3%, compared to a growth of 1% during the same period a year ago
February IIP contracts 3.6%; retail inflation rises to 5.5% in March
The manufacturing sector output contraced by 3.7 per cent in February, while the mining output declined by 5.5 per cent. Meanwhile, the power generation grew by 0.1 per cent
 "February IIP contracts 3.6%; retail inflation rises to 5.5% in March")
India's industrial output slips back into negative territory in January
Industrial output shrinks 1.6% in January
 "India's industrial output slips back into negative territory in January")
