The growth of eight core sectors slowed down to 2.6 per cent in August mainly due to contraction in steel output.
The NSE 50-share Nifty also closed higher by 61.60 points, or 0.59 per cent, at 10,504.80 after shuttling between 10,513 and 10,441.45.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Here comes the moment of truth. Modi prides himself on offering an "incorruptible" government. Will he dilute the Prevention of Corruption (Amendment) Bill to coax the administration's fealty and compromise his self-image?
India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB.
In the Sensex kitty on Wednesday, Tata Motors emerged as the top loser falling 3.01 per cent, followed by Vedanta shedding 2.92 per cent. Other laggards include HUL, Kotak Bank, NTPC, Infosys, HDFC Bank, Bajaj Finance, Hero MotoCorp, ICICI Bank, Yes Bank, HDFC, IndusInd Bank and PowerGrid, falling up to 1.77 per cent.
The earlier government was blamed for non-performance, the current one will be rightfully blamed for mismanagement
Sluggish infrastructure sector growth would also have impact on IIP as these segments account for about 41 per cent of the total factory output.
If nothing is done, the country is set to become 83 per cent energy-import-dependent by 2040.
The committee said the move 'clearly undervalued the company and its long-term growth prospects'.
He dropped those perceived to be non-performers or whose integrity came into question, and also where it was felt they needed to learn a lesson or two in humility.
Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.
This is the BJP's first full-year Budget.
Imports too tumbled by 58.65 per cent to $17.12 billion in April from $41.4 billion in the same month last year, according to the data by the commerce and industry ministry.
'It's not as if power demand is falling. It's that generation has outpaced demand.'
Few top honchos of India Inc did very well in 2014.
In a move aimed at insulating the Central Bureau of Investigation from political interference, the Union Cabinet on Thursday approved recommendations of a Group of Ministers which include setting up of a panel of retired judges to oversee the investigations of the agency, besides increased financial powers of its director.
Clean energy cess to hike cost for power sector.
'Those who have seen the functioning of the Modi government in Gujarat know that the issues related to Hindutva and issues of economy and growth function simultaneously.' 'Modi's politics are based on the understanding of the middle-class consumer society which is in pursuit of material aspirations.' Sheela Bhatt/Rediff.com reveals the Modi government's economic and political plans for the year ahead.
The sector is witnessing weak tendering.
Govt hopes to add 0.21 mn Mw capacity by 2022, against 0.25 mn Mw added over 60 years.
The Prime Ministry's Economic Advisory Council Chairman also said fiscal deficit is a concern too and suggested raising domestic oil prices to restrict it to the budget target of 4.8 per cent of the gross domestic product in this fiscal.
The government is seeking to keep its fiscal deficit within the budgetary target of 4.8 per cent of GDP.
India's development plans, requiring 11 million hectares of land over the next 15 years, is likely to stoke tensions
The minister without portfolio is recovering well after his kidney transplant and has started walking in his hospital room.
Power Minister Piyush Goyal is keen to revive the energy sector.
Power Minister Piyush Goyal is keen to revive the energy sector.
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
The instructions followed monthly review of the progress of eight major infrastructure sectors -- Civil Aviation, Ports and Inland Waterways, Railways, Roads, Telecom, Power, Coal, and New and Renewable Energy.
Critics say the crackdown is to muzzle dissent and Rijiju's actions could lead to less foreign aid for projects that fight child marriage, provide clean water in slums and feed pregnant women.
The growth rate in September was highest since May when it was 4.4%.
Almost every home in this area has a slogan 'Jal, Jangal, Jameen' painted outside. Rashme Sehgal reports for Rediff.com on the four-year battle to save the Mahan forest in Madhya Pradesh.
The private discoms that join the scheme would only benefit in terms of operational efficiency and there will not be any financial bailout
A group of retired civil servants also called upon the PM to reach out to the families of the victims in Unnao and Kathua and "seek their forgiveness on behalf of all of us".
The NSE Nifty settled the day 93.20 points or 0.88 per cent lower at 10,452.30 after shuttling between 10,612.90 and 10,434.05.
'There is merit in appointing people with ability and energy, then leaving them to do the job.' 'The Modi government would have had a better record if it had stuck to this formula from the beginning,' argues T N Ninan.
He underwent a renal transplant on May 14 and on the same day, his ministerial charges were given to Piyush Goyal on an interim basis.
The 80-odd projects completed till now are already valued at Rs 14,000 crore.
Centre shows optimism of achieving the target of 4.1% at back of recent measures and turn around in manufacturing.
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