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India Growth To Be Between 5-6%: Arnab Das

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July 31: Roubini Global Economics’ Arnab Das believes that Indian consumption is still reasonably robust but there is significant emerging market slowdown seen in the near term. However, like in other emerging markets, domestic authorities have misread how to react to a financial crisis, Das says, pointing out that India growth will be between 5-6% rather than 8-9%.