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Montek Singh predicts dip in industrial production in Q3
The Deputy Chairman of the Planning Commission, Montek Singh Ahluwalia, on Friday predicted a dip in industrial production in the third quarter. The Index of Industrial Production (IIP) dropped to its slowest pace in two months, adding to the pressure on the Reserve Bank of India (RBI) to start cutting interest rates to help stimulate an economy that is headed for its slowest growth in three years. The
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