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India’s retail inflation slowed more than expected to a 25-month low of 4.25% in May, close to the RBI’s target 4% rate. But experts don’t expect the central bank to start cutting interest rates any time soon. Hand Sensor Switch
India’s job market is likely to see an uptick in July-September, signalling a positive turnaround after two consecutive quarters of cooling down, a survey of 3,020 employers has revealed.
The government has asked Chinese mobile phone manufacturers to induct Indian equity partners in their local operations, said three executives who attended meetings at which the matter was conveyed.
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