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July industrial production rises 7.1%

PUBLISHED ON: September 12, 2008 | Duration: 1 min, 57 sec

   
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Industrial growth recovered to 7.1 per cent in July from the dismal performance in previous two months of the current fiscal, even though it moderated compared with 8.3 per cent recorded a year ago. The improved data may give some breather to the government and RBI, struggling hard to check the double-digit inflation through tightening monetary policy, which hampers the growth process.
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