RBI sharply cuts annual GDP growth forecast from 6.1% to 5%
India's economic growth according to government data has slipped to over six-year low of 4.5 per cent in the second quarter of the current fiscal mainly due to contraction in manufacturing sector output.
The Reserve Bank on Thursday sharply lowered the growth forecast for the current financial year to 5 per cent from the earlier estimate of 6.1 per cent on account weak domestic and external demand.
India's economic growth according to government data has sli
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