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flag India's core industries grew 2.3% in February 2026, slowing from January, due to declines in crude oil, gas, and refinery products.

flag India's core industries grew 2.3% in February 2026, down from 4.7% in January, according to government data. flag Steel and cement led gains with 7.2% and 9.3% growth, while coal, fertilizers, and electricity saw modest increases. flag Crude oil, natural gas, and refinery products declined by 5.2%, 5.0%, and 1.0% respectively. flag The cumulative growth for April–February 2025–26 stood at 2.9%, reflecting a slowdown in energy output amid ongoing global supply disruptions.

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