Varun Khandelwal's blog
thoughts on economics, finance and trading ideas... and other stuff I find interesting.
Nov 14, 2008
Citi downgrades India growth estimates
Citi lowered India's growth estimates in their report dated 14th Nov, 2008:
"We thus further lower our FY09 and FY10 GDP estimates from 7.2% and 6.6% to 6.8% and 5.5%. This factors an additional 200bps reduction in interest rates."
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