Capital question

Given the 8.7% fall in commercial vehicles in Q4FY13, the 11.5% contraction in passenger vehicles and the index of eight core industries falling 2.5% in February, it's difficult to believe that February’s index of industrial production (IIP) rose 0.6%—even if you believe it though, April-February FY13 IIP rose just 0.9% versus 3.5% in the same period in FY12.

Read Full Story>>