Announcement

Sunday, June 13, 2010

Macroeconomic indicators - Indian IIP near 20 year high

Indian industrial production picked up more steam to grow by 17.6% in April, boosting the prospects of achieving 8.5% economic growth in 2010-11.

The April figure is almost equal to the 20 year high output of 17.7% achieved in December 2009.

April growth was in line with upbeat

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