Page 5 - Industrial Production

Industrial production declines 16.7% in March amid Covid-19 pandemic

According to National Statistical Office (NSO) data, manufacturing sector output fell by 20.6 per cent compared to a growth of 3.1 per cent in the same month a year ago

Govt working on financial package for all sectors amid Covid outbreak

Union Minister for MSME and Road Transport and Highways Nitin Gadkari said "a package is going to be declared".

How to make scale irrelevant

Is scale intrinsic to declining marginal cost? Can an inversion be achieved?

India Inc wants govt to shift focus to economy amid Covid-19 outbreak

CEOs warn of economic depression, say need to work within new normal

Major states still not allowing industries to reopen: FIEO to govt

Majority of industrial townships remain in red zones, restricting exports

House panel opposes lay-off payment for workers during natural calamities

The Standing Committee has suggested that the government allow bigger companies to retrench workers, without the need to seek official nod from the government

PM Modi, Sitharaman to meet today to finalise second stimulus package

Friday's meeting follows a wide range of deliberations held within the government and with eminent experts.

Centre seeks India Inc's view on economic revival amid Covid-19 outbreak

Key demands and suggestions include improving liquidity, cutting customs duties and goods and services tax (GST) rates, expediting all refunds and a halt on tax scrutiny

Coronavirus outbreak: A 21-day lockdown may have cost India Rs 8 trillion

The sectors that have been most impacted are transport, hospitality, and real estate

Industrial activities that may be allowed during the lockdown

Districts and states will not be in a position to sustain the expenditure on the stay of migrant labour so they could instead be used for construction activity

PM hints at lockdown extension till Apr 30; industrial activity may begin

The motto of the government earlier was "jaan hai to jahaan hai", but now it is "jaan bhi jahaan bhi", the PM said

Three weeks into coronavirus lockdown, NCR's export engine stands still

Across the Noida-Greater Noida mega industrial zone, even essential businesses struggle to open

Delhi govt asks trade unions to help find labour amid coronavirus outbreak

State governments, particularly those like Delhi that witnessed an exodus of migrant workers after the lockdown was announced

Industrial production rises 2% in January, investments still weak

The Index of Industrial Production was revised up for December to 0.07% growth, from a contraction of 0.3% in the provisional estimate

SBI sees green shoots in roads, city gas distribution and renewable sectors

PSUs seen as drivers of credit demand, which the bank sees growing by 5-7%; No major impact of coronavirus yet

Macro data, coronavirus impact key drivers for markets this week: Analysts

Industrial production and retail inflation data is due on Wednesday, while WPI inflation numbers will be released on Friday.

Uttar Pradesh industrial production dips 3.8% in November 2019

However, the month-on-month dip of 3.8 per cent in UP industrial index is also a recovery of sorts considering it fell sharply by 9.6 per cent in the preceding month of October 2019

Industrial production shrinks for 3rd consecutive month, falls 3.8% in Oct

The factory output declined by 4.3% in September and 1.4% in August this year, while it grew at 4.9% in July

Tough call for RBI

On one hand, growth is slowing down, while on the other, inflation is inching up

Industrial production drops by 1.1% in Aug, dragged down by manufacturing

The Index of Industrial Production (IIP) had expanded by 4.8 per cent in August 2018.