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 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 Oct'19 Trade balance analysis - Imports see a sharp dip, exports steady
Posted on 18 Nov 2019India’s trade deficit in Oct’19 remained steady at US$ 11.1bn versus US$ 10.9bn in Sep’19. Exports fell by (-) 1.1%. Pharma, gems & jewellery and engineering goods..
Read More India’s IIP July’19 at Nine-Month High
Posted on 17 Sep 2019
India’s industrial output came in much better than expected and rose 4.3% in July on the back of an uptick in core sector growth. The strong growth in IIP can be attribute..
Read More Stagflation conditions continue - IIP growth subdued, CPI at 40-month high
Posted on 16 Dec 2019IIP growth subdued
Industrial output in Oct'19 surprised positively at (-) 3.8% compared with consensus estimate of (-) 5%. It also improved sequentially from (-) 4.3% in Sep&r..
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