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Economy grows slowly in December quarter, with virus impact to come
Abheek Barua, chief economist, HDFC Bank, said,“The 4.7% growth is in line with economists’ expectations. However, with a likely impact of the coronavirus beginning to play out in the last quarter and expenditure compression by the government, last quarter GDP growth could disappoint. This could mean that GDP for the year could be lower than 5%.
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India’s GDP seen growing at 4.7% in December quarter, with virus impact to come
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