Media briefing of ‘Ramaiya Vastavaiya’ in New Delhi

13072013

Director Prabhu Deva said at the event of his new  film Ramaiya Vastavaiya the story is based on hit Telugu film ,refreshing entertainer now in Hindi with minor changes. 

Kumar Taurani the producer explained the film is full of energy,entertainment with proven mettle of Prabhu Deva seal ,will make an impact on youth with emotions,content in its best. He said the team of ‘Ramaiya Vastavaiya’ is very confident of its success. Veteran actors Randhir Kapoor, Vinod Khanna, Poonam Dhillon showered lavish praise on the chemistry of Girish-Shruti. Promos too looked  the film full of energy and entertainment.

Matinee idol Girish Kumar in lead role was exuberant while addressing  media said: “Ramaiya Vastavaiya is a romantic film,with fun ,content and characters Flick has various emotions, grand Love story with family melodrama is a wholesome family film, wide range of brother-sister love, father-son love and love between a boy and a girl.”

‘Ramaiya Vastavaiya’ will release on 19 July.

June exports declines by 4.6%

India’s exports for the month of June 2013 stands at USD 23.78 billion with a (Y-O-Y) decline of 4.6% as compared to USD 24.50 billion in May 2013 with a (Y-O-Y) growth of (-)1.11%. During June 2013, the imports were USD 36.03 billion with a (Y-O-Y) growth of (-) 0.37% as compared to USD 44.64 billion in May 2013 with a (Y-O-Y) growth of 6.99%. The balance of trade stands at around USD (-) 12.25 billion during June 2013 as compared to USD (-) 20.14 billion for May 2013.

  Value of foreign trade                                                     USD billion

Period	May	June	Apr- June
Exports
FY 14	24.5	23.78	72.45
Growth (%)	(-)1.11	(-)4.56	(-)1.41
Imports
FY 14	44.64	36.03	122.63
Growth (%)	6.99	(-)0.37	5.99
Trade balance
FY 14	(-)20.14	(-)12.25	(-)50.18

 Source: PHD Research Bureau, compiled from Ministry of Commerce and Industry, Govt of India

The cumulative figure for the period of April- June FY2014 shows exports at USD 72.45 billion as compared to USD 73.49 billion in April-June FY2013 with a growth of (-)1.41%; while the cumulative imports for April- June FY2014 stands at USD 122.64 billion as compared to USD 115.70 billion in April- June FY2013 with a growth of 5.99%. The cumulative figure for the balance of trade for the period of April-June FY2014 stands at USD (-) 50.18 billion as compared to USD (-) 42.22 billion in April- June FY2013.

Trend in Exports and Imports                                                                                     (%)

Source: PHD Research Bureau, compiled from Ministry of Commerce and Industry, Govt of India

Warm regards,

Dr. S P Sharma

Chief Economist

 

All Members,

 

May 2013 IIP declines by 1.6%

 

June CPI inflation rises to 9.87% from 9.31% for the month of May 2013

 

Growth in industry output, as measured in terms of IIP, for the month of May 2013 is estimated at (-) 1.6% as compared with 2.3% during April 2013. The cumulative growth for the period April-May 2013-14 stands at 0.1% as compared to 0.6% in the corresponding period of the previous year.

 

The growth in the three sectors mining, manufacturing and electricity in May 2013 stands at (-) 5.7%, (-) 2% and 6.2% as compared to (-) 3%, 2.8% and 4.2% during April 2013 respectively. The cumulative growth for the period April- May 2013- 2014 in the three sectors mining, manufacturing and electricity over the corresponding year stands at (-) 4.5%, 0.1% and 5.3% respectively.

 

   Recent growth pattern in IIP                                                                               (% growth)

Industry Group	Weight in IIP	Apr- May	Apr-May	April	May
		2012-13	2013-14	2013	2013
Mining	14.2	(-) 1.7	(-) 4.5	-3	(-) 5.7
Manufacturing	75.5	0.4	0.1	2.8	(-) 2
Electricity	10.3	5.2	5.3	4.2	6.2
Use based classification
Basic goods	45.7	3.2	0.7	2.1	(-) 0.4
Capital goods	8.8	(-) 15.2	(-)1.5	1.0	(-) 2.7
Intermediate goods	15.7	0.8	2.1	2.4	1.5
Consumer Goods
Consumer goods	29.8	4	(-) 1	2.8	(-) 4
a) Consumer durables	8.5	7.5	(-) 9.6	(-) 8.3	(-)10.4
b) Consumer non-durables	21.3	1.1	6.7	12.3	1.7
Overall IIP	100	0.6	0.1	2.3	(-) 1.6

 

                                                                                                                        

 

 

 

 

 

 

 

 

 

 

    

 

 

 

       Source: PHD Research Bureau, compiled from CSO

 

 

Basic goods have grown at (-) 0.4% during May 2013 as compared to 2.1% during April 2013. The cumulative growth during April - May 2013-14 stands at 0.7% as compared to 3.2% during the corresponding period of last year. Consumer goods have grown at (-) 4% during May 2013 as compared to 2.8% during April 2013. Consumer durables have grown at (-) 10.4% during May 2013 as compared to (-) 8.3% during April 2013, while consumer non durables have grown at 1.7% during May 2013 as compared to 12.3% during April 2013.

 

The cumulative growth of consumer goods during Apr-May 2013-14 stands at (-) 1% as against 4% during the corresponding period last year. Consumer durables have shown a cumulative growth of (-)9.6% during Apr-May 2013-14  as against 7.5% during Apr-May 2012-13, while consumer non durables have shown a cumulative growth of 6.7% during Apr-May 2013-14 as compared to 1.1% during Apr-May 2012-13.

 

Some of the important items showing high negative growth during the current month over the same month in previous year include Fruit Pulp (-) 51.1%, Sugar (including sugar cubes)(-) 37.8%, Cigarettes (-)35.7%, Polyester Chips (-) 26.6%, Copper and Copper Products (-)67.3%, Boilers (-) 32.9%, Earth Moving Machinery (-) 30.3%, Sugar Machinery (-) 70.2%, Plastic Machinery including Moulding Machinery (-) 48.0%, Computers (-) 33% and Telephone Instruments including Mobile Phones & Accessories (-) 28.6%.

 

Some of the other important items showing high positive growth are Leather Garments (27.0%), Fuel, Aviation Turbine (32.5%), Vitamins’ (75.7%), Antibiotics & its preparations (33.2%), PVC Pipes and Tubes (31.0%), Tractors’ (31.3%), Cable, Rubber Insulated (56.6%) and Gems and Jewellery (31.3%).

 

 

Trend in IIP growth                                                                                     (%)

 

  Source: PHD Research Bureau, compiled from CSO

 

Capital goods have grown at (-) 2.7% during May 2013 as compared to 1% during April 2013. The cumulative growth of capital goods stands at (-) 1.5% during April- May 2013-14 as compared to (-) 15.2% during April- May 2012-13.

 

Trend in the growth of capital goods                                                     (%)

  Source: PHD Research Bureau, compiled from CSO

 

 

June CPI Inflation at 9.87%-- The all India general CPI (Combined) for June 2013 stands at 9.87% as compared to 9.31% for May 2013. The inflation rates for rural and urban areas for June 2013 are 9.63% and 10.13% respectively as compared to 8.98% and 9.65% respectively for May 2013.

 

 

Warm regards,

 

Dr. S P Sharma

Chief Economist

________________________________________________

PHD Research Bureau

PHD Chamber of Commerce and Industry

August Kranti Marg, New Delhi