Nov core growth holds out hope for economy

Output growth in eight infrastructure industries accelerated in November after near-stagnation in the previous month, raising hopes of a robust recovery in industrial growth from its 28-month low in October. The output of the core sector, which in India includes industrial inputs such as petroleum, coal, electricity and steel, expanded over 4.5-5% in November, a government official said, adding that the final figure could rise to 5%. 

Read Full Story>>