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STATE OF THE ECONOMY - Centre’s five measures will slow, not reverse Re slide: Moody’s - Second set of measures to shore up rupee and check CAD - Populist measures to impact fiscal deficit - India's growth forecast at 7.3%: ADB POLICY INITIATIVES - RBI eases cash reserve rules - Import duty raised on 19 items INDUSTRY - Trade war will improve trading, manufacturing base: Jaitley - Industry upbeat about growth, business prospects: CII report - Manufacturing sector: 9% hike in median gross salary in 3 years’ AGRICULTURE - Kharif (monsoon crops) foodgrains output estimated at record 141.59 mt - 4,500 cr package for sugar industry TELECOMMUNICATION - New telecom policy ENERGY - 18% of total power generation by 2022 may be from Renewables: Moody REAL ESTATE - Indian realty market to touch $1 trillion by 2030: Survey MONEY AND BANKING - Consolidating regional rural banks TRADE - Steep decline in export credit - Goods exports likely to grow 16% ECONOMIC NOTES

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