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Is India's economy losing steam?

india Updated: Aug 03, 2011 19:50 IST

Hindustan Times
Highlight Story

The past few weeks have seen the government and several research bodies cut their respective growth forecasts. The RBI now sees the economy growing 8% in 2011-12, the prime minister's economic advisory council is pegging it at 8.2% while investment bankers such as Morgan Stanley say it could slide to 7.2%.

Rajesh Mahapatra

writes.

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