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"Significant headwinds continue to prevail": RBI flags trade risks yet again

By Economic Times - 10 months ago
The Reserve Bank of India (RBI) has highlighted the challenges faced by Indian trade, citing a contractionary zone in PMIs for new export orders in December.The RBI also noted that retail inflation in India has gradually descended closer to the target, despite growth beating expectations. The central bank attributed India's growth to strong domestic demand.

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