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Just In: March IIP contracts lower than expected; at -0.5%

12 May 2014 Evaluate

 In second positive news for the economy after better than expected trade deficit data, India’s annual industrial output growth, measured by index of industrial production (IIP) contracted less than expected at 0.5% for March as compared to 9-month low figure of -1.9% in February. The cumulative growth for the period April-March 2013-14 over the corresponding period of the previous year stood at - 0.1%.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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