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    Elevated Inflation in Q2, negative real GDP growth in FY21: RBI’s MPC shares outlook for economy

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    The Reserve Bank of India (RBI) on Thursday said inflation is expected to be at elevated levels during the second quarter but may ease in the second half of the current fiscal year. On the economic growth, RBI Governor Shaktikanta Das said that India's real gross domestic product will contract in the first half of FY21 as well as full financial year.

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