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Industrial growth output up 7.1 pc y/y
Monday, September 22, 2008 www.hindustantimes.com
(
Business
)
Industrial growth recovered to 7.1 per cent in July from the dismal performance in previous two months of the current fiscal, even though it moderated compared with 8.3 per cent recorded a year ago.
The improved data may give some breather to the Government and RBI, struggling hard to check the double-digit inflation through tightening monetary policy, which hampers the growth process.
While the
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July see's low industrial growth
Wednesday, September 12, 2007 economictimes.indiatimes.com
(
Finance
)
Industrial growth sharply declined from 13.2 per cent in July last year to 7.1 per cent in the current fiscal. The government said that repeated increases in lending rates were affecting the broader economy.
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