• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

THE FINANCE MINISTER Mr P. Chidambaram (file photo)

New Delhi June 12 The Union Finance Minister, Mr P. Chidambaram, said on Tuesday that the 13.6 per cent year-on-year industrial growth for April was a "satisfactory start," though it was "too early to draw conclusions" for the entire fiscal based on one month's data.

Mr Chidambaram expressed concern over textiles and paper, "which are not doing well," and said, "we will look into the difficulties faced by them."

Mr Chidambaram told reporters here that neither the Government nor the central bank wanted to sharply reduce demand in every sector of the economy.

"The intention is to constrain demand in those sectors where there are signs of what you call overheating. An example is real estate and housing. In these sectors, I think there is already some reduction in demand."

More Stories on : Economy | Economy

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Job market to remain vibrant in Q3, says survey

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line