May 2011 industrial production growth has slow down, comes by 5.6%

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1. India’s GDP Growth Slums to 5.3% in Q4, Lowest in 9 years The Indian economy grew with just 5.3% in the fourth quarter, this is first time GDP data has fallen to 5.3% level after 2003, making a nine year low.  Also shocking news after the data...
2. Industrial Output Slows Down, How to Trade Nifty Future for Intraday IIP data has been released today; we have been surprised by the data that was announced. We have seen contraction in industrial production for previous month. Market’s reaction was also in form of huge selling...
3. HDFC Bank Reports Excellent Q4 Results on Strong Loan Growth HDFC Bank declared better than expected fourth quarter (January-March) results with net profit of Rs.1,114.7 crore, up about 33.2% year-on-year, supported by a strong loan-book growth and higher fee-based income. Bank’s quarterly net interest income...
4. HDFC Bank Q1 for FY12 Reports Net Profit of Rs.1085 crore India’s second largest private sector bank HDFC Bank, reported its first quarter result for 2011 (April-June), its net profit rose by more than 33% to Rs.1,085 crore as compared to the same period last year....
5. Maruti Suzuki June Sales Down by 8.8% to Lower by 80,298 units Maruti Suzuki’s total sales in June fell by about 8.8% YoY (year-on-year) basis to 80,298 units, this was due to a sharp decline in sales of passenger car models such as SX4, Swift D’zire, Maruti...