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London close: Stocks in the green after another volatile week

London close: Stocks in the green after another volatile week
lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.

Raj Bhardwaj | Risk of box prices rising by 15-20%

Just when paper prices look like they’ve plateaued there is now a risk that they might go up, writes Raj Bhardwaj,

Domestic flyers in July touch 50 lakh mark, up 61% from June 2021

Domestic flyers in July touch 50 lakh mark, up 61% from June 2021
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

India s industrial production down 1 6% year-on-year in January

Economy > Economy - general 16 March 2021 Industrial production in the country declined by 1.6 per cent year-on-year in January2021, despite the 0.4 per cent growth in real GDP recorded in fiscal third quarter (October-December 2020-21), belying the government’s claim of the beginning of a broad-based economic recovery.   Industrial output had risen by 1.6 per cent in December, according to revised estimates. The decline in industrial production has badly affected the manufacturing sector, which has over 77 per cent weightage in the index of industrial production (IIP), contracting by 2 per cent, against the 2.1 per cent growth recorded in December 2020. The data points to recovery still being patchy and the rising covid cases could cast a shadow over the momentum in coming months.

IIP index: IIP for January contracts 1 6%, slips back into negative zone

Synopsis Manufacturing, which has 77% weightage in IIP, had been under severe stress owing to curtailed economic activity in most of 2020 due to which the index showed a decline of more than 13 per cent from April to December year-on-year. Retail inflation for the month of February climbed to 5.03%, Jan IIP at-1.6% The Index of Industrial Production (IIP) for January slipped back into the negative territory and contracted at 1.6 per cent after growing 1 per cent in December on the back of positive manufacturing numbers. The data points to recovery still being patchy and the rising covid cases could cast a shadow over the momentum in coming months.

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