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Cherian Thomas

FM says larger deficit is key to spurring growth

Pranab Mukherjee said a wider budget deficit “right now” is critical to accelerate growth, justifying the record Rs 4.51 lakh crore the government plans to borrow this year.
Section: Money  | Wednesday, July 15, 2009 1:59 IST

Slowdown sign: IIP hits a 9-month low at 7.1%

India’s industrial production grew at the slowest pace in nine months in July, easing pressure on the Reserve Bank of India (RBI).
Section: Money  | Thursday, September 13, 2007 4:50 IST


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