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Indian economic growth weakest in nine years

2012-05-31 21 Dailymotion

India's economic growth slumped between January and March.

GDP was up by 5.3 percent from the same period a year earlier - much lower than expected. That was the slowest expansion in nine years.

The manufacturing sector actually shrank 0.3 percent and a fall in the rupee to a record low suggests the economy remains under pressure in the current quarter.

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