...........The Governor said, "Growth is significantly moderated, inflation is somewhat off its peak but there are several upside risk factors, the balance of payments is under stress and investments have to pick up." The comments sent the rupee tumbling by 21 paise to end at new 10-month low of 56.38 against the dollar. Coming just a day before the government releases the data for the fourth quarter GDP for 2012-13 it was an affirmation that the numbers would be dismal...............
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