×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Jan industrial output growth unsatisfactory: FM

Jan industrial output growth unsatisfactory: FM
Comment E-mail Print Share
First Published: Fri, Mar 11 2011. 03 15 PM IST
New Delhi: Finance minister Pranab Mukherjee said on Friday he was not satisfied with the pace of expansion of India’s industrial output, although January’s reading was better than December’s growth.
India’s industrial output in January rose a faster-than-expected 3.7% from a year earlier, government data showed, feeding expectations the central bank will raise key rates at its mid-quarter review next week.
The reading was the strongest in three months and compared with a median forecast of 2.9% in a Reuters poll.
Comment E-mail Print Share
First Published: Fri, Mar 11 2011. 03 15 PM IST