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India Inc reiterates its demand for RBI rate cut after IIP growth slipped to 3 1 per cent

India Inc reiterates its demand for RBI rate cut after IIP growth slipped to 3.1 per cent India Inc reiterates its demand for RBI rate cut after IIP growth slipped to 3.1 per cent As India’s Industrial Output Growth Slipped To 3.1 Per Cent In April, The Industry Reiterated Its Demand For An Interest Rate Cut By The RBI, Saying It Was Imperative To Boost Growth And Consumer Demand. PTI | Updated on: 12 Jun 2017, 11:42:29 PM New Delhi: As India’s industrial output growth slipped to 3.1 per cent in April, the industry reiterated its demand for an interest rate cut by the RBI, saying it was imperative to boost growth and consumer demand.

IIP Contracts Nearly 2% In November 2020

The Index of Industrial Production (IIP) saw a contraction of 1.9% for November 2020, reverting back to the declining territory after rising in the previous two months, data released by the Ministry of Statistics & Programme Implementation (MOSPI) showed on Tuesday. For November, IIP with base 2011-12 stands at 126.3, the Ministry s data showed. IIP for mining, manufacturing and electricity sectors for the same month stand at 104.5, 128.4 and 144.8, respectively. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even du

Teji Mandi: Retail inflation, Industrial production drop in December 2020 - What does it mean to the economy?

Teji Mandi: Retail inflation, Industrial production drop in December 2020 - What does it mean to the economy?
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India s November Industrial Output Sees 1 9% Contraction

India s November Industrial Output Sees 1.9% Contraction Industrial production has been hit due to the COVID-19 pandemic since March. A labourer welds an iron pillar at a building material factory in an industrial area in Uttar Pradesh. Photo: Reuters New Delhi: India’s industrial production contracted by 1.9% in November, official data showed on Tuesday. According to the Index of Industrial Production (IIP) data, manufacturing sector output shrank by 1.7% in November 2020. Mining output also declined 7.3%, while power generation grew 3.5%. The IIP had grown by 2.1% in November 2019.  

November IIP: IIP contracts 1 9% in November; fails to continue revival trend

Synopsis October IIP had grown at 3.6 per cent helped by festive demand and a sharp base effect. CPI inflation eases to 4.59% in Dec; IIP contracts 1.9% in November The Index of Industrial Production (IIP) contracted 1.9 per cent for November 2020, culling the trend of factory output in the previous two months showing signs of revival, data released by the Ministry of Statistics & Programme Implementation (MoSPI) showed on Tuesday. For November, IIP with base 2011-12 stands at 126.3, the Ministry s data showed. IIP for mining, manufacturing and electricity sectors for the same month stand at 104.5, 128.4 and 144.8, respectively. Mining and manufacturing output shrank by 7.3 per cent and 1.7 per cent, respectively, while electricity output grew by 3.5 per cent in November.

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