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Modi brings out worst in media charlatans

Here is some news that broke on Friday, further affirming that the tanking of the Indian economy continues unabated. Industrial production has dipped further, exports are down and retail inflation is up. And here are the specifics: The Index of Industrial Production contracted by 1.6 per cent in May, the lowest factory output in 11 months; the trade figures show 4.6 per cent decline in exports in June; and, retail inflation has jumped to 9.87 per cent largely on account of a steep rise in the prices of vegetables.

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