India Inc sees better days. Industrial output up 2% in Feb, Inflation dips to 4.83% in Mar

India's industrial output grew at an annual rate of 2.0 percent in February, government data showed on Tuesday.

Economists surveyed by Reuters had forecast output would grow by 1.0% compared with a 1.5% year-on-year contraction in January.

Meanwhile, India's annual consumer inflation eased for the second straight month to 4.83% in March, helped by smaller rises in food prices, government data showed on Tuesday.

Economists surveyed by Reuters had forecast retail inflation would slow to 5% in March from an upwardly revised 5.26% in February.

Food inflation eased slightly to 5.21% in March from 5.30% in the previous month.

Image credit: Indiatimes