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India exceeds expectations with Q2 growth of 7.4%

A worker painting an old building in Mumbai. The economy is not firing on all cylinders and some analysts say growth has been driven more by consumption than investments.

New Delhi

INDIA'S economic growth picked up in the July-September quarter, outpacing China on improving domestic demand and manufacturing activity, which could persuade the country's central bank to keep interest rates unchanged at its Tuesday meeting.

The Reserve Bank of India is...