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    <title>IIP at 4.2 per cent for July 2015 is the Second Successive Month of over 4.0 per cent Growth : Manufacturing Sector is Slowly Emerging as a</title>
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    <description>IIP growth at 4.2 per cent for July 2015 is the second successive month above four per cent, led by manufacturing which rose 4.7 per cent and 4.0 per cent year to date versus 2.8 per cent previously; capital goods and consumer durables showed notable gains. BoP for Q1 2015 16 shows a narrower current account deficit at 1.2 per cent of GDP versus 1.6 per cent a year earlier, supporting relative currency stability and reflecting steady macroeconomic improvement.</description>
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