© Scanpix/New York Times
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In September the growth of industrial
production in India was the slowest in two years as rapid increase in interest
rate together with stumbling economic recovery hurt demand. Output at plants,
mines and utilities added 1.9% compared to September 2010. It is 1.6% less than
predicted by economists questioned by Bloomberg. Bank of India suggests
it might end the monetary tightening in the nearest future.