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'Economy is facing several pools of uncertainty'

Looking forward, it does appear that GDP growth will move towards the 7.5% mark with a downside risk in case the present liquidity crunch affects prospective investment.

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Economy  |  Indian Economy  |  Markets

Madan Sabnavis 



Representative image
Representative image

The Indian has several pools of uncertainty on an otherwise straight upward path. This was engendered by the oil crisis, trade wars and Federal Reserve action which was then joined by the which put a second question mark on growth prospects. The real sector hence while looking good as indicated by GDP, and core sector growth, now enters a clouded terrain with the financial indicators being different from what they were till March 2018.

Disclaimer: Views expressed are personal. They do not reflect the view/s of Business Standard.

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First Published: Thu, November 01 2018. 06:00 IST

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