Will GDP growth sink below 26-quarter low of 4.3%?
- The weak GDP growth in Q2 is expected to have been caused mainly by grim industrial output data
- Weaker-than-expected economic data emerging from India points to a deepening slowdown in Asia’s third-largest economy
New Delhi: Indian economy is staring at a dismal GDP print, below 5% in the September quarter, with some forecasters even apprehending it may fall below 4.3% recorded in January-March quarter of 2013.
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