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RBI cuts FY17 growth forecast to 7.1 per cent
60 views | Dec 07, 2016, 11:12:29 PM
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The Reserve Bank of India cut the economy's expansion forecast for current fiscal to 7.1 per cent, from the earlier 7.6 per cent, saying that short-term disruption in economic activity and demand compression arising out of demonetisation have led to downside risks to growth.
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