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Indian Economy Likely To Grow 5.9% In FY14: Moody’s

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Atsi Sheth, VP - Sovereign Risk Group at Moody's Investors, spoke to Bloomberg TV India about the RBI’s take on the fiscal deficit and Indian economic growth. She said that the risk of inflation leaves little space for more rate cuts and fiscal deficit tends to feed into it. Food inflation is high and a risky monsoon is also a concern, she added.