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RBI's stance disappoints India Inc

RBI's stance disappoints India Inc
Assocham expressed concern over the precarious situation that the manufacturing sector is in, observing that if the trend does not reverse with monetary and fiscal measures it would be difficult for the industry to generate jobs. Disappointed by the RBI's move to leave the key rate unchanged, India Inc on Wednesday said the central bank should have accorded precedence to revving up economic growth while curbing inflation.   The industry argued that a rate cut would have propelled demand ...
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