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Tags archives: aug-iip

Signs Of Industrial Activity Rising, Will The Govt Push The Pedal On Infra Spending?

The August Industrial output data was a surprise for the economy. It jumped to 6.4% from 4.1% the previous month. Needless to mention then this was way higher than popular estimates. Improvement in areas like mining, manufacturing, consumer durables and electricity has been credited for this surprise.  Of course many have cited this rise in consumer demand to be linked to festivities and is expected to fade once the festival […]