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Economy to grow 6.5% in 2015 as macroeconomic conditions improve; McKinsey & Company

Industry Economy

According to McKinsey & Company, the Indian economy is likely to grow around 6.5 per cent in 2016 as macroeconomic conditions seem to be improving on the back of lower crude prices and easing inflation. The company states that the consumer price index-based inflation rose to 5.11 per cent in January 2015, from 4.28 per cent in December 2014.

Extracted from HBL, Mar 10,’15

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