Indian car sales are down, unemployment is up and new investment proposals are at a 15-year low. Luckily, New Delhi has a record of embracing reform in times of stress. ugalani
India will announce its GDP figures for the three months to end June on Aug. 30. The economy grew 5.8% in the January to March period, the slowest pace in more than four years.
The Reserve Bank of India on Aug. 7 lowered its economic growth forecast to from 7% to 6.9% in the current year to the end of March.
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