Is the Index of Industrial Production (IIP) a reliable indicator of growth in the gross domestic product or GDP? Or is the real GDP story hidden in data on electricity generation?The new GDP methodology uses establishments and enterprises for calculating
Stock markets would largely be dictated this week by corporate earnings from blue-chip firms such as Infosys, RIL and HDFC Bank, as also by the progress of monsoon and proceedings in Parliament over key reform bills, say experts.
Markets closed on a dismal note as tepid quarterly results from prominent companies weighed on the indices. Meanwhile, lack of any advancement in reforms such as GST in the present Monsoon session of Parliament amid weak global cues dampened sentiment.
Inflows in child-care schemes of mutual funds this year have ground to a halt after seeing sizeable inflows in calendar year 2014. Experts believe some investors may have stopped their monthly investments as the market has been considerably volatile.