India in much better position to deal with growth, inflation challenges: CII President Sanjiv Bajaj

According to official figures, India#39;s retail inflation continues to remain above the Reserve Bank#39;s tolerance level of 6 per cent since January, while the economic growth in the first quarter of the fiscal was 13.5 per cent, lower than the central bank#39;s estimate of 16.2 per cent.

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