
India News
Oct 23•5 min read
India's Core Sector Jumps 7.9% as Risks Cloud Momentum
Record output in coal, power, and refining masks rising crude import bills and narrow infrastructure spending.
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Record output in coal, power, and refining masks rising crude import bills and narrow infrastructure spending.

A 13-month peak in coal mining alongside strong refinery and iron ore output propelled industrial growth to its highest point under the revised index series.

A one-time charge linked to bad-bank debt transfers hits quarterly earnings despite steady top-line growth.

A one-time bad-bank resolution expense cuts net income to ₹33 crore as shares record a 30% drop over six months.

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