The Sensex jumped 181 points to close at a one-week high of 18,791.93 on strong buying in banks, realty and consumer durables ahead of the festival season, amid strong global cues triggered by robust economic data from the US and China.
Industrial production declined by 10.4 per cent in July, mainly due to lower output of manufacturing, mining and power generation, as per the government data released on Friday.
If you really want to spend, liquidate profitable investments but shy away from unnecessary loans.
In terms of industries, 10 out of 23 industry groups in the manufacturing sector showed positive growth during November 2018.
Only vaccinations can eliminate the threat of new waves, help raise sentiments and allow sellers and buyers to participate aggressively in the much awaited economic recovery, observes Mahesh Vyas.
Japanese consumer durables firm Panasonic on Tuesday said it is looking at technical collaboration with several Indian firms, including the Tata Group, to develop India-specific products, underlining that the country is one of its significant markets.
The market has remained in a mixed state of mind, has come off its intra-day high and has finally ended the day in negative territory.
The market has remained in a positive state of mind, has come off its intra-day low and has finally ended the day in positive territory.
Galaxy Tab device is being touted as the strongest rival to the iPad.
Industrial production growth entered positive territory after a gap of two months with a record 22.4 per cent rise in March this year, mainly due to the low-base effect and good show by manufacturing, mining and power sectors. The manufacturing sector -- which constitutes 77.63 per cent of the index of industrial production (IIP) -- grew by 25.8 per cent in March 2021, as per the data released by the National Statistical Office (NSO) on Wednesday. The mining sector output too grew 6.1 per cent in March, while power generation increased by 22.5 per cent.
The flavour for this year was Musicals. Apart from the usual suspects, some unusual product categories like fans (consumer durables) and industry bodies like World Gold Council managed to surprise us with some interesting concepts.
Punjab National Bank (PNB), the country's third largest lender, followed its peers to lower its benchmark rate, giving in to the government's wish that rates needed to fall to boost consumer lending.
The Sensex resumed lower at 28,566.50 and dropped further to 28,183.32 before finishing at 28,227.39, showing a loss of 490.52 points or 1.71 per cent.
The ongoing economic buoyancy in India despite global economic melt down has offered opportunities for rapid growth of consumer durable industry, and in particularly air conditioners and refrigeration industry.
Industrial production contracted by 1.9 per cent in November, entering the negative territory after a two-month gap, mainly due to poor showing by manufacturing and mining sectors, official data showed on Tuesday. The manufacturing sector -- which constitutes 77.63 per cent of the index of industrial production (IIP) -- recorded a contraction of 1.7 per cent in November 2020, as per data released by the National Statistical Office (NSO). Mining sector output too witnessed a decline, shrinking 7.3 per cent.
The market has remained in a mixed state of mind, has come off its intra-day high and has finally ended the day in positive territory.
The online ad segment is expected to grow at a compounded annual growth rate of 25 per cent between FY'2011 to FY'2013.
As more young Indians look at pursuing education in foreign universities, Careers 360 gives you a comprehensive guide on what you can expect at the ten most popular study abroad destinations in the world.
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