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BUILT STRONG: Increase in cement production is a sign of rising demand, says RBI.

BUILT STRONG: Increase in cement production is a sign of rising demand, says RBI.

RBI raises hope, puts growth at 6.5 per cent

A day ahead of the review of its monetary policy on Tuesday, the central bank sharply raised its growth forecast for the country's economy to 6.5 per cent from its earlier projection of 5.7 per cent. The Reserve Bank of India (RBI) said the revision was on account of positive outlook emanating from several sources, including the performance of core infrastructure industries, overall manufacturing output and robust showing by the services sector

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