India s eight core sectors output grows by 8 1 pc in September 2023 aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
The outcome of the next monetary policy review is due on October 6, 2023. The markets are expecting interest rates to stay intact. The monetary policy committee meeting will be held between October 4-6, 2023.
The production of all eight core industries cement, coal, crude oil, electricity, fertilizers, natural gas, refinery products and steel recorded positive growth in August over the corresponding month of last year, according to the Ministry of Commerce and Industry, , core sector, core sector growth
The expansion in core sector output is the highest since June 2022, when it was 13.2 per cent. The production of refinery products, steel, cement and electricity also grew in August.
India's core sector comprising of eight key infrastructure components grew 12.1% year-on-year in August 2023, according to data released by Commerce and Industry Ministry on Friday.