Quotes with Resistance & Support
Market Information

Full-fledged crisis? With IIP at -2.1%, economy catches a chill in November

This article was posted on Jan 11, 2014 and is filed under Market News

NEW DELHI: Industrial production unexpectedly contracted in November as buyers burdened by inflation put off purchases while export growth slowed to a six-month low in December, dealing a severe blow to hopes that the economy had bottomed out and recovery was in sight. It may also have put paid to Prime Minister Manmohan Singh’s aspiration to leave office with the economy at least maintaining FY13’s growth levels.

Industrial production, as measured by the Index of Industrial Productio ..

Read more at:
http://economictimes.indiatimes.com/articleshow/28639200.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Similar Posts:

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

How does tataseteelday looks intraday on omon...view more »
- by Abhi
Status: Replied view reply »

Market Stats

  • Nasdaq
    4578.85
    +21.16
    [+0.46%]
  • Nikkei 225
    15424.59
    -35.27
    [-0.23%]
  • Hang Seng
    24742.06
    +1.06
    [+0.00%]
  • Straits Times
    3327.09
    -3.13
    [-0.09%]
  • FTSE 100
    6819.75
    +13.95
    [+0.20%]
  • CAC 40
    4381.04
    +15.00
    [+0.34%]

Search Our Archives

Latest Investment Idea

Recent Comments