Reuters: Money News: PM econ panel lowers GDP estimate to 5.3 pct for FY14

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PM econ panel lowers GDP estimate to 5.3 pct for FY14 Sep 13th 2013, 05:54 NEW DELHI (Reuters) - India's economy is expected to grow at 5.3 percent in the current fiscal year, the prime minister's economic advisory panel said on Friday, sharply lower than an estimate of 6.4 percent it made earlier this year.

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