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Tough call for RBI


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Most available data points suggest that GDP growth slowed further during July-September 2019. The State Bank of India (SBI) says that out of 26 indicators that it tracks, as many as 21 slowed down.

For example, tax collections were down, automobile sales were down, the Index of Industrial Production was down, and imports and exports were down. Most estimates for Q2 GDP growth range between 4.2-4.7 per cent with estimates for the full ...


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