IS INDUSTRIAL RECESSION SETTING IN EVEN IN INDIA ?

Shocking IIP Nos for August 2008 were released today.On a yoy basis the overall industrial growth is a mere 1.3 % against 10.9 %  SHOCKING IIP GROWTH FIGURES IN %  FOR AUGUST YOY Sector Growth % in August 2008 Growth % in August 2007 Overall Industrial Growth 1.3 10.9 Manufacturing 1.1 10.7 Mining 4 14.7 Capital …

IS INDUSTRIAL RECESSION SETTING IN EVEN IN INDIA ? Read More »