Breaking News, World News and Taiwan News.

Industrial output of India rises 2.7%, market investors take news in stride

AP
October 13, 2012, 12:06 am TWN

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

MUMBAI -- Industrial production in India rose 2.7 percent in August, more than expected on a rebound in mining activity, though investment still appears weak.

Markets took the news in stride Friday, suggesting that investors believe the numbers will do little to convince the central back to cut interest rates when it meets later this month.

Mining output rose 2 percent, a bounce for the troubled sector, which posted a 5.5 percent contraction a year earlier. Manufacturing rose 2.9 percent and electricity output increased 1.9 percent from the year before.

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

	PREVIOUS ARTICLE
	Myanmar says overseas investment welcome in rubber, palm oil sectors

NEXT ARTICLE
Chinese foreign trade to miss target: source

Sponsors
▪	"Dress First is the leading supplier of all kinds of dresses. You can buy your favorite suknie ślubne here."
▪	Select hotel by map and save 75% in thousands hotels in Canton, Beijing and 500 cities in China.
▪	Save 75% for all hotels in Shanghai, Beijing and whole China. Lowest rates for Flights in China.
▪	Myreviewsnow.net offer you the power of making informed purchases before you buy, with product reviews and online consumer myreviewsnow.net.
▪	The best place to buy custom tailored prom dress for your big day is at JennyJoseph.com
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪	Buy cheap eyeglasses online and save up to 80% over regular retail price when you buy prescription eyeglasses at cheapglasses123.com.
▪	GlobalMarket.com is the largest China suppliers B2B directory can help you find quality made in China products, Promotional Products.
▪	EyewearCanada.com offers prescription glasses from $5.95. 100% Satisfaction guaranteed.