THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Wednesday, October 25, 2000

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Macro Economy

Economy
IIP estimates -- Corporate sector seen to blame for inaccuracies
CORPORATE India, which has led the unrelenting attack on the accuracy Index of Industrial Production (IIP) as an adequate representation of industrial performance, is largely responsible for its shortcomings, if any.

Infrastructure industries clock 7.2% growth in H1
THE six infrastructure industries namely electricity, coal, steel, crude petroleum, petroleum refinery products and cement have registered a growth of 7.2 per cent in the first six months of the current fiscal (April-September, 2000).

`Regionalism vital for developing nations'
THE Trade and Development Board meeting of the Unctad held recently in Geneva reviewed the organisation's work and examined global economic trends from a trade and development perspective.

Inflation Watch
INFLATION WATCH
THE annual rate of inflation measured in terms of the wholesale price index (WPI) on a point-to-point basis declined to 7.03 per cent for the latest recorded week ended October 7.


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