Today's top 10 business news headlines

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Industry output shows recovery signs, price situation worsens

Showing some signs of an upturn, industrial output rose 2 percent in September, while prices remained a cause of concern with retail inflation breaching the double-digit mark after a gap of seven months.

November IIP likely to contract by 1.5%: BofA Merrill Lynch

Bank of America Merrill Lynch Wednesday said India's industrial output for the month of November is likely to contract by 1.5 percent largely owing to post-Diwali base effect.

IIP soars to 8.2% in Oct, raises hopes of economic recovery

Industrial output growth rate bounced back to 8.2 percent in October compared to 5 percent decline in the same month last year.

India Inc disappointed over poor IIP shows, wants rate cut

Expressing disappointment over poor show by industrial production in September, India Inc today pressed for rate cut by the RBI to boost production and further revive the economic growth.

Industrial output down 0.4% in September

Indicating persistent sluggishness in the economy, industrial production contracted by 0.4 percent in September due dismal show by manufacturing sector and decline in consumer as well as capital goods output.