India: Core industries growth eases to 4.8% in August on iron ore, coal drag

Output growth in India’s nine core industries slowed to a three-month low of 4.8 per cent in August, from a downwardly revised 5 per cent in July, as a steep loss of momentum in iron ore and contraction in coal, oil, gas and fertilizer sectors put a drag on the headline number, according to data ...

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