The Reserve Bank of India in its recent projections has shown a positive trend in the subsequent quarters with the growth rate pegged at 6.4% in Q2, 7.1% in Q3 in and 7.7% in Q4, respectively. The growth is likely to be augmenting over the medium to long-term by improving the business environment, enhancing transparency and increasing formalization of the economy. With such factors, it can be implied that India is truly rising. Read the full article here.
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