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GDP Growth Accelerates to 7.4% in Q2, Rate Cut Unlikely

GDP Growth Accelerates to 7.4% in Q2, Rate Cut Unlikely
Higher manufacturing output pushed India's GDP growth to 7.4 per cent in the September quarter as compared to 7 per cent between April and June 2015. Analysts said GDP growth in Q2 was in line with estimates; a Reuters poll had estimated GDP to expand by 7.3 per cent in Q2. (Read: India's economy grows faster than China) "I think the second quarter figures give us a sense of satisfaction... We expect growth this year to be better t...
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