Monday, March 5, 2012

The ides of March

..Just ahead of the Union Budget and the Reserve Bank of India's scheduled interest policy review meeting — both in mid-March — there has been a succession of lacklustre news on the growth front. Although, by no means, unexpected, the bunching of not-so-favourable official statistics in a short time further reinforces the strong perception of a downward drift in the economy. .......

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