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Sensex falls 82 points on low industry production
The Sensex closed down 0.46 per cent on Friday, reversing early gains, after data showed the country’s industrial output in December slowed sharply and Morgan Stanley cut its allocation for emerging market stocks. Industrial output grew just 1.8 per cent in December, its slowest in two months, as sluggish global growth, tight monetary policy from the central bank and government policy paralysis

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

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India factory output growth slows sharply
India's industrial production growth slowed sharply in December, to its slowest pace in two months, mounting more pressure on the Reserve Bank of India (RBI) to cut key lending rates to bolster growth in Asia's third largest economy.

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Jubilant times ahead

Even as expectations were running high about the financial performance of India’s largest pizza maker, Jubilant FoodWorks, in the December 2011 quarter the company managed to surprise the

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BJP asks PM to explain 'fiasco' on economy front

New Delhi: BJP on Wednesday targeted Prime Minister Manmohan Singh on the state of the Indian economy, saying the world renowned economist has been making tall claims about the growth rate despite

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A K Bhattacharya: Get the diagnosis right

Now that the advance estimates of national income for 2011-12 are out and greater clarity has emerged on the nature and extent of the current economic slowdown, it is important to demolish the myth

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