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	<title>Global Market Reviews &#187; economist</title>
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		<title>If India&#8217;s overall rainfall deficiency falls</title>
		<link>http://www.ptkchapter.org/money-market/if-indias-overall-rainfall-deficiency-falls</link>
		<comments>http://www.ptkchapter.org/money-market/if-indias-overall-rainfall-deficiency-falls#comments</comments>
		<pubDate>Fri, 03 Jul 2009 10:06:44 +0000</pubDate>
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		<category><![CDATA[economist]]></category>
		<category><![CDATA[estimates inflation]]></category>
		<category><![CDATA[GDP growth]]></category>
		<category><![CDATA[inflation]]></category>

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		<description><![CDATA[If India&#8217;s overall rainfall deficiency falls to 20%-25%, India&#8217;s GDP growth could fall to sub-5% this fiscal year, says Mridul Saggar, chief economist at Kotak Securities. India government forecasts FY economic growth of between 6.25% and 7.75%. Meteorological Department forecasts rainfall
in June-September wet season at 93% of long-term average, which not an
unusually large deviation, but [...]]]></description>
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