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India’s government cites RBI policy for slowdown
Indias government partly blames the central banks tight monetary policy for weak economic performance. They expect growth to improve in the second half of the fiscal year as demand increases and restrictive measures ease. The central bank may cut interest rates to support growth. Rural and urban demand shows signs of recovery.
Indias government partly blames the central banks tight monetary policy for weak economic performance. They expect growth to improve in the second half of the fiscal year as demand increases and restrictive measures ease. The central bank may cut interest rates to support growth. Rural and urban demand shows signs of recovery.
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