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707 ArticlesEconomy

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Indian Industrial Production Growth Lowest In 20 Years, Second Lowest Ever

India’s Index of Industrial Production (IIP) data for March 2013 shows the slowest annual Industrial growth in 20 years, and the second lowest since 1982 ...

March 2013 IIP at +2.5%, But Lower than March 2011

The Index of Industrial Production (IIP) came in on Friday for March 2013 at 2.5% greater on a Year-on-Year basis. Note that even with this spike (usual for ...

RBI Cuts Rates by 0.25% to 7.25%

In the 2013-14 Macroeconomic Policy the RBI has decided to cut rates by 25 basis points (0.25%), bring the repo rate down to 7.25% and reverse repo to 6.25%. ...

April 2013 PMI At Lowest Since Nov 2011

The HSBC Markit Purchasing Managers Index (PMI) is at 51.0 for April, the lowest since November 2011. Remember that anything about 50 is “expansion” and ...

IIP for Feb 2013 at +0.57%, Nov 2012 Revised Down Again

The Index of Industrial Production (IIP) for Feb 2013 comes in marginally positive, at 0.57% over the previous year. While the Mining Index sank and the ...

RBI Cuts Repo by 0.25%, Market Expected More

The RBI has cut the Repo rate by 0.25% in a move that was more or less expected (I actually thought they might not cut this time, given Subbarao’s ...

Jan 2013 IIP at +2.4%

The Index of Industrial Production (IIP), an indicator I tend to distrust for lack of any relation to reality, shows an uptick in Jan. (Why do I track it? ...

The Final Version of Budgetonomics is Up

The final version of Budgetonomics is here! You will find two new chapters: You’ll find two new chapters: Historical charts: charts on public finance ...

The Government’s Market Borrowings, Added to Budgetonomics + Kindle Version Up!

We have added a new chapter to the Budgetonomics e-book, with The Government Market Borrowings coming in with details of how much government debt outstanding ...

New Chapter in Budgetonomics: More than 573,000 cr. Lost Due To Tax Benefits, in 2012-13

We’ve added a new chapter in the Budgetonomics e-Book about Budget 2013. Looking at the revenue foregone, it seems that the if the benefits given to us (and ...