Even as factory output fell to a 21-month low in March, the situation may not improve in the first few months of FY20 on account of the increased likelihood of lower investment activity and uncertainties around the elections,
Disappointed with the fall in industrial output and rise in retail inflation, industry and experts said the double whammy "does not augur well" for economic growth, and government should push policy reforms.
According to an official release, Industrial Production index for the Mining, Manufacturing and Electricity sectors for the month of March 2016 stand at 148.8, 207.7 and 196.3 respectively, with the corresponding growth rates
The BSE Sensex surged over 500 points intraday on Wednesday as data showing easing inflation and a government forecast for an above-average monsoon rains sparked hopes for the economy and for more rate cuts by the central ban
Retail inflation rose to a 17-month high of 5.69% in January on dearer food items, rising for the sixth month, though it remained safely within the Reserve Bank Of India’s target of under 6% for the month, official data sho