March IIP Update

The IIP registered a growth of 13.5% for the month of March’10. The same index registered a growth of 2.3% y-o-y in Mar’09 and a growth of 15.1% in the month of Feb’10
The IIP figure once again registered a growth below the street expectation of 15.1%, weighed down by a partial withdrawal of stimulus measures ad a [...]

IIP Data for January 2010

The IIP figure for Jan’10 grew at 16.7% compared to -0.5% in Jan’09 on a y-o-y basis. The same index
registered a growth of 17.6% (revised) in the last month yoy. The figure was not surprising as it was in
line with the market’s expectation

In terms of industries as many as 14 out of 17 industries have [...]

IIP Data: October 2009 -Index for Industrial production

The IIP figure for October stood at 10.3%, disappointing everybody since the expected figure was hovering around 12%.The same index registered a growth of -0.4% y-o-y in Oct’08 whereas a growth of 9.6% (revised) y-o-y in the last month

The figure was below the market expectations, leading to a fall of 50.41 points in the Sensex, [...]