High Import Duty on CPVC Pipe Industry imposed
Posted on 25 Feb 2020The Indian government has imposed an anti-dumping duty (ADD) on CPVC resin/compound imports from China and Korea for a period of five years (valid up to February 2025). The quantum of d..
Read More India Feb'2020 IIP Analysis - Acceleration before the storm
Posted on 13 Apr 2020India’s IIP growth accelerated to a 7-month high of 4.5% YoY in Feb-20 from 2.1% in Jan-20 and 3.5% street estimates . While the improvement provides comfort and is in line with e..
Read More India Fiscal Data Dec'19 Analysis - CAD compression, BoP expansion continues
Posted on 02 Jan 2020India’s current account deficit narrowed to 0.9% of GDP (USD 6.3 bn) in Q2 FY20 from 2.9% of GDP (USD 19.1 bn) in Q2 FY19. After netting out capital account flows, the accompanyin..
Read More India IIP Aug'20 Analysis – Sixth straight month of contraction
Posted on 14 Oct 2020
The industrial production contracted by 8 per cent in August, mainly due to lower output of manufacturing, mining and power generation sectors. The IIP had contracted by 1.4 per cent ..
Read More India IIP July'20 Analysis - On the path of recovery
Posted on 14 Sep 2020
Industrial Production contracted at a more moderate pace in July’20 at -10.4% YoY vs. a decline of 15.8% in June’20. With easing of the lockdown restrictions, produc..
Read More India IIP Oct'20 Analysis – Data Beating Estimates
Posted on 14 Dec 2020
This is the second straight month for which the factory output data has remained in the positive territory after shrinking for six months due to the coronavirus pandemic. The In..
Read More India Jan'20 Trade deficit - expands to 7-month high
Posted on 18 Feb 2020India’s trade deficit expanded to US$ 15.2bn in Jan’20 from US$ 11.3bn as exports fell at a faster pace than imports. Some improvement in domestic demand is also seen with n..
Read More India June'20 trade balance - surplus once again!
Posted on 21 Jul 2020
India’s monthly trade balance swung into its largest monthly surplus on record in June.Data show that the monthly goods trade balance flipped from a deficit of $3.2bn in M..
Read More India June’20 IIP Update – Output Shows Slower Contraction
Posted on 13 Aug 2020
India’s industrial production contracted at a slower pace of 16.6% in June on the back of a modest recovery in manufacturing while in June fell over a base of 1.3 per cent..
Read More India May'20 IIP Review - Strutting on its feet
Posted on 13 Jul 2020
IIP growth in May-20 recovered from Apr-20’s record low to underscore a resumption in industrial activity in the economy as COVID-19 induced lockdown restrictions were gra..
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