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dimanche 1 septembre 2013
India's GDP shows continuing slowdown
India's economy continues to slowdown according to the latest government figures.
For the April-to-June quarter, it grew at a rate of 4.4%, compared with the same period in the previous year.
It was a weaker performance than most economists had been expecting and was a slowdown from the first three months of the year, when growth was 4.8%.
A contraction in mining and manufacturing activity was behind the slowdown.
Read more... "The economy needs the undivided attention of policy makers"
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