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The report noted that lending rate cuts are key to cyclical recovery rather than reforms as reforms tend to push up growth only in the medium term.Business
BofA cuts GDP growth forecast to 6.9 per cent

BofA-ML expects lending rates to come off 50-75 bps by September 2017.

1 Dec 2016 1:02 PM IST

The countrys merchandise exports during April-November period of the current fiscal too recorded a growth of 0.10 per cent to USD 174.92 billion.Business
Exports up 2.29 pc to USD 20 bn in November

Imports too increased by 10.44 per cent to USD 33 billion, leaving a trade deficit of USD 13 billion in November.

15 Dec 2016 6:37 PM IST

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