The increase in cotton output is expected to enable India to increase domestic textile production and exports.

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If he invests more capital in the business to expand production, or hires more workers to increase output, that may result in higher net taxable income.

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The rise in output came mostly on an increase in production at Fort Knox in Alaska and Kupol in Russia, the firm said, and the rise was in line with expectations, based on the full-year mining plan.

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At a time when other big oil and gas companies are struggling to grow production, this year Apache looks set to increase its output from roughly 600, 000 bpd to 800, 000 bpd.

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Beyond the boom in unconventional oil in the U.S., Bain points out the increase in Iraqi and African production and, most importantly, the high levels of Saudi output.

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The Kensington mine in Alaska also saw production growth as gold output rose to 24, 391 ounces, a 13% increase over the second quarter.

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Almost all of the increase in domestic natural gas production is expected to come from shale gas, a resource which has seen its output rise rapidly as technologies like hydraulic fracturing have made it viable to exploit the resources relativity economically.

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