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Economy to grow at 8%: RBI

PUBLISHED ON: July 29, 2008 | Duration: 3 min, 43 sec

  
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The ill effect of record crude oil price and inflation is finally showing up on India's economic growth story. The RBI has now climbed down from an earlier projection of 8.5% and says the economy will grow only at 8% for the year 2008-09.
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