Diabytes
India's growth outlook News
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India's GDP growth is expected to recover from 7.1 percent in 2016-17 to 7.2 percent this fiscal and further to 7.7 percent in 2018-19 largely driven by the government's reform push and recovery in private investments, says a report.
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The Asian Development Bank's (ADB) growth forecast of 7.4 percent for 2016-17 is substantially lower than its earlier projection of 7.8 percent.
Ending its seven-day gaining streak, the NSE Nifty on Wednesday tumbled by 83.80 points to close below the 8800 level as investors booked profits across the board.
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