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High base spoils December IIP show
It may have been expected that the high base effect would limit industrial growth in December to less than six per cent. But, it was not anticipated that the continued contraction in mining output and a subdued manufacturing production would pull the numbers down to as low as 1.8 per cent. This has led Finance Minister Pranab Mukherjee to express his disappointment. The electricity sector in the larger

UP sugar millers' petition against state price rejected

In a major setback to the Uttar Pradesh private sugar millers, the Lucknow Bench of Allahabad High Court today dismissed their petition challenging the fixing of State Advised Price (SAP) for

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Cash mkt turnover at 15-mth high

The markets have been on a roll in calendar 2012, with the Sensex surging 14.8 per cent in this year so far. The rally has also fuelled turnover in the equity cash market; it has touched a 15-month

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Sensex ends 82 points down on weak industrial production data

After a shaky start and a subsequent choppy ride in positive territory, the market plunged sharply post release of the industrial production data for December, and, despite recovering some lost ground

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BSE Sensex falls 0.5 pct on gloomy industry output

The BSE Sensex closed down 0.46 percent on Friday, reversing early gains, after data showed the country's industrial output in December slowed sharply and Morgan Stanley cut its allocation for

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BSE Sensex rises early, ACC up 2 pct

The BSE Sensex turned positive after opening lower on Friday as investors awaited for direction from December industrial output data, due around 11 a.m. Cement maker ACC rose 2 percent to 1,417.90

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