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IIP grows 8.2% in October, Chidambaram sees green shoots

Encouraged by the 8.2 percent growth in industrial output in October, Finance Minister P Chidambaram on Wednesday said that it reflected emergence of "green shoots" in the economy.

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.