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High Import Duty on CPVC Pipe Industry imposed
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The 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..

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India Feb'2020 IIP Analysis - Acceleration before the storm
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India’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..

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India Fiscal Data Dec'19 Analysis - CAD compression, BoP expansion continues
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India’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..

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India IIP Aug'20 Analysis – Sixth straight month of contraction
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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 ..

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India IIP July'20 Analysis - On the path of recovery
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  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..

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India Jan'20 Trade deficit - expands to 7-month high
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India’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..

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India June'20 trade balance - surplus once again!
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  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..

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India June’20 IIP Update – Output Shows Slower Contraction
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  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..

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India May'20 IIP Review - Strutting on its feet
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  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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India May'20 Trade balance review - exports recover faster
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India’s trade deficit narrowed sharply to US$ 3.2bn in May’20 from US$ 6.8bn in Apr’20. The MoM improvement was driven by a sharp recovery in exports from a decline ..

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