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Economic slowdown: Indias Q2 GDP to grow by just 4.2 per cent, says SBI
November 12, 2019 | By Business-standard.com
business
State Bank of India (SBI) joins all other global agencies -- the ADB, World Bank, OECD, RBI and the IMF -- in downgrading India's FY20 growth rates
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The second quarter GDP growth may further lower down to 4.2 per cent on low automobile sales, deceleration in air traffic movements, flattening of core sector growth and declining investment in construction and infrastructure, and the growth forecast for FY20
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