'The World Bank on Tuesday said that the Indian economy is witnessing a slow recovery, aided by improved export momentum and a steep decrease in inflation, which could allow for a rate cut by the Reserve Bank of India (RBI).
The World Bank has projected the Indian economy to grow at 6.4% in 2015-16 from an estimated 5.6% in 2014-15. India's GDP is expected to surpass that of China's by 2017.'
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