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Govt provisionally revises down 2010-11 growth to 8.4%/news31012012

Tuesday, January 31, 2012

India's economic growth for the 2010-11 fiscal year has been provisionally revised down to 8.4% from 8.5%, the government said, today.

India's GDP growth is slowing after a prolonged bout of monetary policy tightening that has seen 13 interest rate increases since March 2010, as well as sluggish investment and weak global conditions.
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