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© Reuters. Labourers work at the construction site of a residential building on the outskirts of Kolkata, India, July 5, 2019. REUTERS/Rupak De Chowdhuri/Files
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© Reuters. Labourers work at the construction site of a residential building on the outskirts of Kolkata, India, July 5, 2019. REUTERS/Rupak De Chowdhuri/Files
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NEW DELHI (Reuters) – India’s economy is expected to grow 6.9% in the current fiscal year, the World Bank said in a report on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country’s growth.
The report sees average retail inflation at 7.1 this year.