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IIP: India’s industrial output grows 5.9% in May, a seven month high
A man works inside a workshop in an industrial area in Mumbai. File | Photo Credit: REUTERS India’s industrial output growth recovered to a seven-month high of 5.9% in May from about 5% in April, led by a double-digit uptick in electricity generation and consumer durables production, even as manufacturing growth remained underwhelming at 4.6%…
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