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The cause of concern amid heatwave is about food inflation
Wholesale food inflation, currently at a four-month high, is expected to remain concerning in May and June due to the heatwave driving up prices of pe
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Icra pegs Q4 GDP growth at 2%; projects 7.3% contraction in FY21
Its chief economist Aditi Nayar expects the annualised GDP growth at 2% in the March quarter, up from 0.4% in the December quarter
