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INDIA-ECONOMY-FILES
(FILES) In this photograph taken on October 19, 2010, Indian coal miners lift carry baskets of coal inside an underground tunnel of a mine owned by the Sinagareni Collieries Company Limited (SCCL) at Godavarikhani, some 250kms from Hyderabad. India's industrial output grew 8.8 percent in June from a year ago, data revealed on August 12, 2011, showing unexpected strength in the face of aggressive interest rate tightening. The expansion in production by factories, mines and utilities was the fastest in three months and far exceeded analysts' forecasts of 5.5 percent growth. The figures spelled some relief for India's hawkish central bank, which is under pressure from businesses to pause its interest rate hiking cycle due to fears about industrial activity and rising global economic uncertainty. AFP PHOTO/Noah SEELAM/FILES
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Detalii fotografie |
| Loc: |
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Godavarikhani, Andhra Pradesh, INDIA |
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| Sursa: |
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AFP / Mediafax Foto |
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| Fotograf: |
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NOAH SEELAM |
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| Data: |
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12 August 2011 |
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| Dimensiuni: |
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2194 x 3184 (1.35 MB) |
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