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Showing posts with label India's exports. Show all posts
Showing posts with label India's exports. Show all posts

11/29/2014

Growth slows less than feared, easing pressure for rate cut

NEW DELHI (Reuters) - A slowdown in India's economy in the last quarter will increase calls for Prime Minister Narendra Modi to step up reforms but was less severe than feared, giving the Reserve Bank ammunition to resist government pressure to cut interest rates.