IEX is the biggest player in spot energy trading with a share of 97 per cent, and with participation of over 6,500 players
The Index of Industrial Production (IIP) is now expected to remain muted this fiscal year
The manufacturing segment constitutes the bulk of the IIP at 77.6%
Industrial production growth declined to 2 per cent in June, mainly on account of poor show by mining and manufacturing sectors.
Experts partially attribute slowdown to cut in spend during elections
Growth may remain muted on weak exports, rural distress, credit constraints
Of 23 sub-sectors within manufacturing, 13 recorded a year-on-year contraction, as compared to two in September
Economists suggest that current rates sustaining over the next 2-3 quarters, will lead to the 5-6 per cent mark for the year, which will be a significant recovery
Non-oil, non-gold imports rose 22.6% in Oct