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India Inc's sales growth rate at 10-qtr low
The fourth-quarter sales growth at 10.3 per cent for manufacturing and software services companies (excluding oil marketing companies, refineries and banks) confirm a demand slowdown for India Inc. The sales growth rate has been a 10-quarter low, dragged by slowdown in the key sectors — capital goods, construction, infrastructure, non ferrous metals, steel and telecom — that had contributed

IIP data comes under the scanner, yet again

As the index of industrial production (IIP) for March declined 3.5 per cent, the capital goods segment was once again the primary factor behind the fall, showing extreme volatility and contracting

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IIP shrinks in March, FY12 GDP growth may lag 6.9%

Industrial production contracted 3.5 per cent in March, dragging the cumulative factory output growth last financial year closer to the level of the financial crisis period of 2008-09. This

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Bias to remain bearish below 5,130

The markets, as expected, began the week with hopes of a counter rally by the bulls. We saw the Sensex touch a high of 17,432, but eventually the gains turned into significant losses by the end of the

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No respite in sight

The financial performance of companies in the infrastructure segment (construction, capital goods and power) is expected to disappoint in the January–March 2012 period, despite this historically

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IIP readings give mixed signals

India’s industrial production data never ceases to surprise the market. The index of industrial production (IIP) grew 6.8 per cent year-on-year in January, after expanding a modest 2.5 per

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