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Dip in IIP shows recovery is still uneven: Rajan

Reserve Bank Governor Raghuram Rajan said the latest weak IIP data only underlines the fact that the economy needs a pick up in investment growth and that the recovery is still uneven.

India's economy probably recovered slightly in Sept quarter

Economic growth virtually halved in two years to 5 percent in the fiscal year that ended in March -- the lowest level in a decade.

US crisis to impact world: Pranab

President Pranab Mukherjee on Saturday said developments in the US impact the whole world and India's economic recovery is dependent on the external environment.

Nomura sees no recovery in sight; pegs FY14 growth at 5.6%

Global brokerage Nomura on Tuesday pegged the economic growth at one of the lowest at 5.6 percent next fiscal, saying there is no recovery in sight on the non- agricultural component of the economy.