Newsmakers: HSBC says India to clock 7.4% GDP growth, Real Estate revival and more - Photos-1
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Newsmakers: HSBC says India to clock 7.4% GDP growth, Real Estate revival and more

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India to clock GDP growth of 7.4% in FY17: HSBC

India's GDP is likely to "auto correct", and the headline growth of the country in this fiscal is expected to remain flat at 7.4 per cent, says an HSBC report.According to the global financial services major, India's new GDP series seem to exaggerate the economy's true growth rate and this overestimation is likely to narrow over the next few quarters.

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