-The Hindu  Growth impulses remained fragile, manufacturing output tanked 9.5% After touching a six-month high in May, India’s retail inflation was virtually unchanged in June at about 6.3%, remaining out of the central bank’s comfort zone for a second month in a row. Economists expect the Reserve Bank of India (RBI) to revisit its inflation estimate of 5.1% for 2021-22 and stressed that lack of fiscal policy action to cool prices could precipitate...

-The Hindu All categories of manufacturing industries showed a contraction in production, with the worst affected being the automobile sector India’s Factory Output plummeted to record lows in March, with the Index of Industrial Production contracting 16.7%, reflecting the drastic impact of the countrywide lockdown that began on March 25. This comes after a positive growth of 4.5% recorded in February. Manufacturing sector output slumped 20% in March, while electricity generation shrank almost...

-The Indian Express Data that suggests young workers are increasingly turning to the scheme is a sign that must worry policymakers After the contraction of Factory Output by 1.1 per cent in August compared to the past year, the sharp decline in commercial credit in the year till September and other such gloomy indicators, come fresh signs of the deepening slowdown. As this paper has reported, the proportion of young workers, those...

-NDTV The cumulative growth in April-August over the corresponding period of the previous year was 2.4 per cent. Signs of economic slowdown became more pronounced after country's industrial production or Factory Output, measured by the estimate of Index of Industrial Production (IIP) registered its worst slump in more than six years in August. The IIP shrank by 1.1 per cent in August compared with an expansion of 4.3 per cent in...

-The Telegraph New Delhi: The Indian economy grew at its slowest pace in more than six years at 5 per cent in the first quarter of 2019-20, deepening worries about subdued Factory Output and resultant job losses. It also fanned concerns about the Narendra Modi government’s ability to crank up demand amid clear indications that urban consumption had also started to slacken after rural demand went into a deep rut several quarters...