Newsmakers: Raghuram Rajan on US Fed rate hike, General Motors to raise prices and more - Photos-1
Business Today
Loading...

Newsmakers: Raghuram Rajan on US Fed rate hike, General Motors to raise prices and more

Key business news events for the day
Industrial output growth hits five-year high in October
Industrial output grew at its fastest pace in five years in October, powered by manufacturing, bringing some cheer to investors fretting about a gridlock in Parliament that has stalled vital reforms. Output at factories, utilities and mines grew 9.8 per cent on year, its fastest pace since October 2010, compared with a 7.8 per cent expansion forecast by analysts in a Reuters poll and sharply higher than an upward revised figure of 3.8 per cent growth in September.
ADVERTISEMENT