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India Growth at 5.3 Pct, Stuck at 3-Yr Low

Thursday, November 29, 2012

WN.com - Asia News
Latest headlines from WN Network
India Growth at 5.3 Pct, Stuck at 3-Yr Low
Nov 30th 2012, 06:47

MUMBAI, India (AP) — India's economy grew 5.3 percent in the September quarter, government data showed Friday, stuck at its lowest levels in three years as New Delhi struggles to enact reforms to kick-start investment and growth. Connect With Us on Twitter Follow @nytimesworld for international breaking news and headlines. Twitter List: Reporters and Editors The number was in line with expectations. Slowing growth complicates New Delhi's efforts to create jobs for its exploding youth population and balance the budget, while paying for costly social programs in advance of national elections in 2014. India's economy grew 5.5 percent during the June quarter, after expanding by 5.3 percent...

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