Free Press Journal
  • Industrial output grows 6.6% in July

    New Delhi : Industrial output eased in July with a slower rise of 6.6 per cent as compared to 6.87 per cent in June, official data showed on Wednesday.

  • Factory output grows 4.9%

    New Delhi : Industrial production expanded by 4.9 per cent in April on improved performance by manufacturing and mining sectors as also a robust offtake of capital goods.

  • The revival signs of Indian economy

    After the unmitigated gloom peddled by the Opposition and a section of the media, there is light at the end of the tunnel for the Indian economy. The Central Statistics Office’s provisional GDP estimates for 2017-18 suggest that growth recovered to a brisk 7.7 per cent in the January-March 2018 quarter, the highest real GDP growth in seven quarters.

  • Wholesale inflation hits seven-month low of 2.48% in Feb

    New Delhi : Annual wholesale price inflation eased for the third straight month to hit a seven-month low of 2.48 per cent in February on cheaper food articles, including vegetables.

  • Antacids make factory data difficult to digest

    New Delhi : The Index of Industrial Production rising to a 25-month high in November may point towards a sound manufacturing revival, but it is an innocuous item in the basket that is having a remarkable sway over the headline industrial growth number. A closer look at industrial production data for Apr-Nov shows that half the growth in the index is due to ‘digestive enzymes and antacids’—an item with a minuscule weight

  • IIP growth logs 17-month high; inflation a dampener

    New Delhi : A robust performance by the manufacturing sector took India’s industrial production growth to a 17-month high of 8.4 per cent in November, but retail inflation, also at a 17-month high of 5.2 per cent in December, dampened the euphoria. The continuous rise in consumer inflation may prompt the Reserve Bank of India, which is aiming to keep inflation within four per cent, to hold interest rates at its February

  • ‘Note ban: Economy shaken, trust in govt undermined’

    New delhi : While the immediate impact of demonetisation was seen in the long queues outside ATMs and felt through acute cash shortage, its anniversary is an appropriate vantage point to assess the less visible and generalised effect on the economy of what was easily the most disruptive measure post-Independence. The difficulty in making a cost-benefit analysis is that the move was not purely economic, given the fact that the currency issuer

  • IIP growth rises to 9-month high, retail inflation stabilises

    New Delhi : Industrial production grew at a nine-month high of 4.3 per cent in August, mainly on account of robust performance of mining and power sectors coupled with higher capital goods output, official data showed Thursday. Factory output growth measured in terms of Index of Industrial Production (IIP) stood at 4 per cent in August 2016, as per data released by the Central Statistics Office (CSO). The previous high in IIP

  • Retail inflation hits 5-month high, IIP growth remains weak

    The August inflation number is the highest since March 2017, when it was recorded at 3.89 per cent.  Overall food inflation in August also moved up, reversing the deflationary trend, to 1.52 per cent.