Core output grows at series high of 7.9% in Sept

India's core sector output growth for September recorded a remarkable 7.9%, driven largely by expansion in coal and electricity. Notably, refinery products and iron ore also contributed to this growth, supported by a favorable base effect. Coal production saw a sharp rebound with a growth rate of 10.7% following previous negative trends. Electricity generation growth declined slightly, impacted by heatwave conditions in the country.