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India at ‘Lowest Ebb’ But ‘Watershed’ Coming: Bilimoria

August 01, 2012

With a drier-than-hoped monsoon season, power outages threatening to cripple large parts of the economy, high interest rates and inflation, India’s growth story has faltered this year.

Source: http://www.cnbc.com/id/48433835?__source=RSS*tag*&par=RSS
 
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