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Kharif output can fall 15% on poor monsoon: Chetan Ahya

Posted on: August 28th 2009 in Market News.

Chetan Ahya, MD of Morgan Stanley, said that the kharif output could fall 15% on monsoon deficiency. “However, there won’t be a major impact of poor agriculture on industrial growth,” he said. Ahya said he was expecting gross domestic product (GDP) at 5.2-5.8% versus …

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