IIP growth rises to 8-month high of 7.1 per cent in April

The electricity sector posted a robust growth of 11.8 per cent during the month under review. Mining posted a growth of 7.8 per cent and the manufacturing sector registered a growth of 6.3 per cent year-on-year in April.

RBI rate hikes may hit economic recovery: Finance Secretary

India's central bank is likely to raise its inflation projection for the current fiscal year at its June monetary policy meeting and will consider more interest rate hikes, Reuters reported on May 11.

<ul><li>India's central bank is likely to raise its inflation projection for the current fiscal year at its June monetary policy meeting and will consider more interest rate hikes, Reuters reported on May 11.</li></ul>

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IIP growth rises to 8-month high of 7.1 per cent in April

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