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Dismal April IIP: Is rate cut a given or is inflation key?

Well, it may spell some good news for investors on June 18, economists still think the disappointing industry output growth in April is worrisome. IIP growing at a marginal 0.1% in April has raised hopes for some investors looking for 50 basis points rate cut by the RBI in its mid-quarter policy review.

first published: Jun 12, 2012 01:21 pm

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