Indian core sector index slowing down fast
Tushar Lahiri
Jan. 9, 2008

In the April to November period, the core sector index grew 6 per cent against 8.9 per cent in the same period of the previous year. Most of these industries like power and petroleum are hit by supply constraints. Five of the six sectors in the index slowed, coal being the only exception. Supply-side constraints halved the growth rate in the index of six infrastructure industries in November 2007 to 5.3 per cent from 9.6 per cent a year ago.

Indian core sector index slowing down fast
Tushar Lahiri
In the April to November period, the core sector index grew 6 per cent against 8.9 per cent in the same period of the previous year. Most of these industries like power and petroleum are hit by supply constraints.
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Tata’s $2700 car low on safety worst on environment – India heads towards disaster
Sonia Joshi
Every native Indian dreams of American dream. It is hope of living a better standard of living. But a better standard of living does not come with just having ‘substandard’ things that American way of life takes it for granted.
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Indian finance minister worried about economic growth and employment momentum asks public sector banks to cut rates aggressively
Babu Ghanta
The inflow of Foreign Direct Deposit is increasing the foreign exchange reserve of India steadily. As US and Europe enters the decade of stagflation and eventual deflation driven recession, the Indian economy and foreign currency reserves can fall apart.
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Volatile Indian stock markets end up in gain after losing major steam
Kirt Meham
The Sensex opened with a huge positive gap of 92 points at 20,393. Heavy buying in select heavyweights like ICICI Bank saw the index hit an all-time high of 20,529 in noon deals - an intra-day swing of over 450 points.
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Sensex crashes almost 800 points in panic selling – start of a multi-decade baer market?
Rita Nair
This was waiting to happen. Sensex has formed the multi-year top and is ready to plunge below 7,000. The long term bear market showed its teeth as Sensex plunged 769pts in panic selling.
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A snub for General Electric and Westinghouse’s $100 billion nuke reactor revenue – communists in India threaten to topple Government in India
Tarun Lahiri
The kickbacks are not well distributed. Sonia Gandhi needs to manage the kickback sharing mechanism somewhat better.
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Russia wants more money for its military hardware but India says ‘Niet’
Kiran Chaube
India’s frustration in price escalation may be having the root somewhere else. Given the warming relation between India, United States, and Russia may not be feeling obliged to subsidize the military hardware prices for India.
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A 30% drop in manufacturing GDP – India Inc. in trouble?
Rohit Purakayastha
India’s fiscal mismanagement is noteworthy. The real effect of commodity inflation is still hidden and manipulated by the Indian Government. When the reality hits ground and native Indians start paying $90-100 barrel oil, inflation will skyrocket.
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