November infrastructure output up 1.8 percent
NEW DELHI (Reuters) - India's infrastructure sector output grew 1.8 percent in November from a year earlier, a sharp fall from the upwardly revised annual growth of 6.6 percent in the previous month, government data showed on Monday.
The infrastructure output for eight sectors - coal, crude oil, oil refinery, natural gas, steel, cement, electricity and fertilisers - grew at an annual 3.5 percent in the April-November period compared with 4.8 percent a year earlier.
The infrastructure sector accounts for 37.9 percent of India's industrial output.
(Reporting by Arup Roychoudhury; Editing by Sunil Nair)
- Tweet this
- Share this
- Digg this
- Missouri grand jury makes decision in fatal shooting of black teen
- Sting takes bold gamble to save his 'Last Ship' musical
- Cold hard facts: Underwater robot measures Antarctic sea ice |
- Cold hard facts: Underwater robot measures Antarctic sea ice
- Hagel move not seen scuttling efforts on innovation, warships
The reformist government that many Indians and free-market flag-bearers had hoped would emerge after this year's election isn't in New Delhi - at least not yet. Rajasthan, derided as a poverty-stricken laggard, has taken the lead on structural reforms that, their backers argue, could also help Asia's No.3 economy as a whole to attract business and employ a fast-growing workforce. Full Article
Hyundai Motor, Kia Motors lift 2014 global sales target on China, emerging markets Full Article