India's industrial output growth in April is disturbing, Finance Minister Pranab Mukherjee said on Friday, after the latest data showed growth of 6.3 percent compared to the same period a year ago.
The data was the first of a new series with a different base year of 2004/05, new components and weightings.
Under the old series, annual industrial output growth in April was 4.4 percent compared with a median forecast for a 5.5 percent rise in a Reuters poll.
Source: in.reuters.com
Ravi Jhawar
Summer Intern-Technical Analyst
DENIP Consultants Pvt. Ltd.
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