Economy - Voice of America: India’s Economic Growth Slips to 3 Year Low

Economy - Voice of America economy-and-business

India's Economic Growth Slips to 3 Year Low Aug 31st 2012, 13:01 NEW DELHI — Economic growth in India has slipped to a three-year low, confirming a sharp slowdown in Asia's economy.   The 5.5 percent economic growth from April to June was slightly higher than in the previous three months. But it brought no cheer to a country where the economy has stalled in recent months. Virtually all sectors such as manufacturing, services and agriculture posted slower growth compared to the same period last year, said Dharmakirti Joshi, chief economist at ratings ... Media files: 5768E2A5-8AA1-4678-BB69-7197493BFD0E_cx0_cy0_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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