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No need to panic about India's growth: HSBC Global

PUBLISHED ON: September 12, 2011 | Duration: 4 min, 28 sec

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Leif Eskesen, chief economist – India & Asean at HSBC Global Research, says the July IIP data is showing moderation in growth but is not collapsing. He adds that there is no need to panic about growth. He expects higher probability of tightening of monetary policy by the RBI on Friday.
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