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Not optimistic about rate cuts from RBI: ICRIER

Slowing growth, high inflation and a sorry state of the economy has been playing havoc. Along with that, a not so good monsoon has started to ink fears of lower agricultural output. In an interview with CNBC-TV18, Shankar Acharya of ICRIER said the monsoon situation is worrying and by the end of July, a clear picture is likely to emerge.


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