The government on Friday held back the release of complete data of index of industrial production for April, saying it is not appropriate to compare the IIP data with earlier months due to COVID-19 lockdown.
Subdued performance of manufacturing and mining sectors coupled with a contraction in output of consumer durables drove the slowdown in industrial output growth.
Traders said sentiment remained upbeat despite industrial production grew at a slower pace of 3.8 per cent in September.
New Delhi: With industrial production hitting a 4-month high of 3.8% in June, India Inc today said it indicates revival in industrial activity on the back of improved performance of manufacturing, and should motivate the
Mumbai: Snapping its three day losing streak, the benchmark BSE Sensex recovered over 155 points in early trade today as participants bought select blue-chip stocks ahead of IIP data to be released later in the
New Delhi: Disappointed over industrial output contracting by 4.2 per cent in October, India Inc has said the Reserve Bank of India (RBI) must slash interest rates urgently to spur demand while re-emphasising the need
New Delhi, May 5: The next set of corporate earnings and factory output data will be key triggers for stock markets in this week, say experts.Among major corporate earnings this week are HDFC, Punjab National
Mumbai, Sep 12: Rising for sixth straight day, Sensex today jumped 147 points to close above 18,000 level for the first time since February 23 on hopes of an imminent rate cut after a muted
Mumbai, Jun 12: Interest rate sensitive banks and realty stocks surged today, pushing up benchmark Sensex by 195 points to a fresh one-month high after weak IIP April data boosted hopes that RBI will cut
Mumbai, May 11: A disappointing 3.5 per cent decline in factory output in March saw BSE benchmark Sensex shedding 127 points—its fall for the fourth consecutive day—to register the biggest weekly loss of 3.2 per
Mumbai, Apr 12: Despite lower industrial growth, the BSE benchmark Sensex today gained 133 points on revival of buying by funds in bluechips amid a firm global trend. Sensex, which had lost 44.44 points yesterday,
Mumbai, Sept 12: The BSE benchmark Sensex plunged by over 400 points at midsession today on heavy selling by funds triggered by a steep fall in industrial growth amid weak global trend.The 30-share barometer dropped
Top News
Latest News
