Reuters: Money News: Macquarie cuts India 2013/14 GDP forecast to 5.3 percent

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Macquarie cuts India 2013/14 GDP forecast to 5.3 percent Jul 18th 2013, 05:48 MUMBAI (Reuters) - Macquarie cut India's economic growth forecast for the fiscal year ending in March 2014 to 5.3 percent from 6.2 percent, citing negative factors including the rupee fall, capital outflows, political uncertainty and a slowdown in new projects.

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