India's March GDP Jumps 8.8%
May 30, 2:59 PM EDT |
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| Service sector growth led the rise in the economy in the quarter and for the year. |
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| Fourth quarter GDP in India surged at 8.8% beating the expectations of 8.2% set by the government. For the fiscal year ending in March, economy grew at 9%. |
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IIP Growth Falls to 3% in March
May 12, 4:51 AM EDT |
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| For the year mining industry recorded a rise of 5%, manufacturing increased 8.6% and utilities gained 6.4% for the twelve months ending in March 2008. |
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| India''''s industrial production growth fell to 3% in March 2008 from February, slowing from the unrevised 5.3% rise in February, according to data released by the Central Statistical Organization. The industrial production rose at 8.1% for the twelve months ended in March 2008 from the previous year after rising at a rate of 8.7% for the period ending in February. |
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