A spike in COVID-19 infections in countries like Taiwan and Vietnam could disrupt semiconductor output and supply chains, posing a headache for manufacturers
China's industrial output saw months of expansion following a Covid-induced slump, although high raw materials costs continue to weigh on the outlook
The cumulative decline during April-February (2020-21) was 11.3%, compared to a growth of 1% during the same period a year ago
The proposed investment in the industrial sector is worth Rs 4.29 trillion, down 36.8 per cent from the Rs 6.79 trillion the previous year (2019).
Sinha said that this scheme is from the period of date of notification up to the year 2037 with a total outlay of Rs 28,400 crore.
Impact on IIP likely even as some economists believe consumer goods might tone it down to some extent. Core sector accounts for 40.27% of IIP
Makes his prediction on the basis of the number of items in the IIP basket that grew in the month of October
The industrial output grew by 0.2 per cent in September, according to the Index of Industrial Production (IIP) data
Minor tinkering and a reluctant increase in expenditure are unlikely to generate demand at a meaningful scale
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
That compares with a 19.6% increase in July and is the fourth straight month of profit growth
Slowing pace of recovery and sluggish manufacturing output has experts worrying over Q2 GDP growth
Niranjan Hiranandani, co-founder and managing director of Hiranandani Group, said there are huge development potential in the warehousing, industrial parks and data centre projects
Even before the lockdown, the economy was on the downhill despite the Centre announcing huge corporation tax cuts
Quality of numbers could affect economic policy response
With GDP growth seen shrinking, funds likely to chase stocks with high growth forecast
UP, Gujarat govts are seeking to suspend major labour laws via this route; ministry firming up its response
In a first-of-its kind proposal, the state govt said in a press statement that it had proposed making the Factories Act, 1948, applicable to units hiring at least 50 workers, instead of 10 and 20
The first of a three-part series looks at how manufacturing units are gearing up to the new normal
Experts warn much worse is yet to come with April seeing 20 days of lockdown versus March's one-week