India monetary tightening is seen stifling economy

08/11/2013 | Hindu (India), The

The Reserve Bank of India's monetary tightening in support of the rupee runs the risk of driving the nation's growth rate below 5%, analysts say. That in combination with an uncertain global capital market could push growth as low as 3.5% to 4%, according to a Morgan Stanley research note.

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Hindu (India), The

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