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India: Sharply muted growth in Q4 FY2019; FY2020 to see modest recovery

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Q4 FY2019 GDP growth came in much lower than expectations, while growth for FY2019 (full year) was also revised lower. Industrial slowdown and agricultural contraction weighed on value addition in Q4, while services outperformed, driven by robust Government spending.

 

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Featured articles from the desk of Mr. B. Prasanna
(Head, Global Markets & Proprietary Trading Group)

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