Industrial growth refused to be perked up, staying below 5 per cent mark for the fourth month in a row when it fell to 3.6 per cent in February. This reflects the impact of rising interest rates on investment, besides high base of last year when the growth stood way above at 15.1 per cent. Consumer goods grew 11.1 per cent in February against a mere 6.3 per cent a year ago. Within that, consumer non-durables expanded 6.1 per cent against 0.8 per cent decline in February 2010. The declining investment, as is reflected from capital goods whose production fell for the third month in a row this time by 18.4 per cent, would put RBI in a tight spot over its rising rates hike spree.
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: