Finance Minister Pranab Mukherjee said on Friday he was not satisfied with the pace of expansion of India's industrial output, although January's reading was better than December's growth.
India's industrial output in January rose a faster-than-expected 3.7% from a year earlier, government data showed, feeding expectations the central bank will raise key rates at its mid-quarter review next week. The reading was the strongest in three months and compared with a median forecast of 2.9% in a Reuters poll.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
