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India’s industrial growth creeps at 0.1% in April, rate cut hopes soar

BY  Vivek Sinha
The RBI is expected to cut policy rates again to assuage markets over the slowing economy on June 18.

India's industrial output growth in April was next to nothing with the official index of industrial production (IIP) rising a mere 0.1 per cent in the month over the year ago period, much below analysts’ expectations, raising hopes...

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