GDP Growth Likely Slowed to 5.1%, But No Rate Cut Seen: Poll Growth likely slowed to 5.1% in the Q2, but economists polled by Reuters doubted whether it would be enough to persuade the RBI to cut rates just yet.
• Moody's Projects September Quarter GDP Growth at 5.3%
Reserve Bank Eases Rules for Low-Cost Home Loans The Reserve Bank of India has eased norms to fund low-cost housing by permitting banks to extend loans against long-term infrastructure bonds.
Online Grocers Come Up Trumps in India's E-Commerce Boom More Indians are shopping for groceries online, helping e-tailers like Bigbasket.com turn in profits while supermarkets are struggling.

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