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India's core sector growth rises to 12.1percent in October

India's eight core sectors posted a growth of 12.1 percent in October, according to data released by the Ministry of Commerce and Industry on November 30.At 12.1 percent, the growth in India's eight key infrastructure industries - coal, crude oil, steel, cement, electricity, fertilisers, refinery products, and natural gas - last month is well above the 8.1 percent recorded in September. The commerce ministry, on November 30, revised this figure to 9.2 percent.Core sector growth was a mere 0.7 percent in October 2022.For April-October, the output of the eight core industries was 8.6 percent higher year-on-year, up from 8.4 percent in the first seven months of 2022-23.The rise in core sector growth in October was largely due to the cement and.....

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