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View: India growth story finds its basis in political stability and consistent policy reforms

We must at least in the short-term revise our expectations for the current financial year given the global economic environment and that the RBI rate hikes are aimed at taming inflation by slowing growth. A 7% annual growth rate would be A+, but a 6.8% would be no less than an A and since growth is often graded on a curve, a 6.8% might invariably end up being the A+.

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