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SBI Confirms Economic Slowdown, Drops India's GDP Growth Forecast To 5% For FY20
State Bank of India has predicted India’s Gross Domestic Product (GDP) growth for FY20 come down to 5% from an earlier 6.1%. This may lead to a record low of 4.2 per cent in the second quarter amid low automobile sales, flattening of core sector growth and declining investment in...