Eight core sectors growth drops to 0.2% in June

Growth of eight core industries dropped to 0.2 per cent in June mainly due to a contraction in oil-related sectors as well as in cement production.  According to official data released today, the eight-core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - had expanded by 7.8 per cent in June last year. According to the data, crude oil output contracted by 6.8 per cent while the refinery segment de-grew by 9.3 per cent.  The cement o...