Services seen as contributing the largest share of overall growth in the second quarter, even as the sector, along with agriculture, may see a slight moderation in growth.
"Global economy will experience rapid growth as the power of the US and the western world diminishes. The US economy is recovering despite some concerns, such as slowing job growth, and there is need for interest rate cuts to avoid a deep recession. There s a positive correlation between a nation s athletic performance and its economic growth and India can be cited as an example. "
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