India’s economy grew by 5.3% in Q1, lagging well behind expectations of growth at 6.5% and the growth rate of 6.1% seen in Q4 2011, as per ChemOrbis. Rising inflation, reduced investment and the depreeciation of the rupee were cited as the main factors weighing down on economic growth.
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Saturday, June 09, 2012
Indian market sees sluggish demand amid slower economic growth
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