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SOURCES TO COGENCIES : Cabinet Approves Proposal For Abolition Of Foreign Investment Promotion Board SOURCES TO COGENCIES : Cabinet Approves Proposal On 2017-18 Sugarcane Prices SOURCES TO COGENCIES : Need For Cabinet Nod For FDI Over Rs 5000 Cr To Remain TATA INVEST Q4 EARNINGS : PAT Rs 16.1 Cr Vs Rs 22.3 Cr YoY TATA INVEST Q4 EARNINGS : Revenue Rs 35.8 Cr Vs Rs 32.3 Cr YoY TATA INVEST Q4 EARNINGS : To Pay Dividend Of Rs 18/Share PRASUN GAJRI HDFC LIFE : I.T. Stocks May Perform Better On A Short-Term Basis FROM REUTERS : KOC & Tata Group Sign Joint Venture To Tap Into White Goods Consumer Market

People Are Losing Hope Of Tomorrow: HDFC MF

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August 23: “Optimism of taking out all-time highs this year has gone,” says Srinivas Rao Ravuri, Senior Fund Manager, HDFC Mutual Fund. He explains that market recovery is dependent on GDP growth and adds that he sees GDP growth rate to be sub 5% levels. “GDP growth of 2-3% will make conditions worse,” he adds.