India's economy expands by just 5.4% in the last quarter, well below expectations
India's economy expanded by 5.4% in its second fiscal quarter ending September. Economists had forecast GDP growth of 6.5% for the period, according to a Reuters poll. The Reserve Bank of India had forecast an expansion of 7% for the quarter.
India’s economy is showing signs of strain, with GDP growth slowing, manufacturing stagnating, and export and wage growth ...
India's economy slowed much more than expected in July-September, expanding by only 5.4% year-on-year, data showed on Friday, ...
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Family businesses are the backbone of India's economy, contributing more than 70 per cent to the GDP and employing a ...
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