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Friday 30 August 2019

Slowdown cyclical, but reforms needed: RBI

The RBI has attributed the recent deceleration in economic growth to a "soft patch mutating into a cyclical downswing" rather than a deep structural slowdown. The annual report reiterates governor Shaktikanta Das' statement that the highest priority is being accorded to reviving private investment and consumption.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2LasnZO

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