India's Factory Output Up At 5.7%, Retail Inflation Falls To 3.41%

India's factory output rose 5.7 per cent in November, the first month of the government's demonetisation drive, while retail inflation declined to 3.41 per cent in December from 3.63 per cent in the month before, official data showed on Thursday.....

 

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November IIP 'false Positive', Doesn't Reflect Reality: Crisil

Descibing the official data on the index of industrial production (IIP) for November 2016, during which demonetisation was announced, as a "false positive", Crisil Research has said that the latest IIP figures do not reflect the true condition of the Indian manufacturing sector.....

 

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