Page-2 of Withdrawal from the European Union

Q4 GDP growth drops sharply to 5.3%, lowest in 9 years

Yearly economic growth of India dipped to a 9-year low of 5.3% in the January-March 2012 quarter. Even during the 2008-09, the year when India was facing the hit by the global financial meltdown, growth rate was higher at 6.7%. ..

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IMF pegs India’s growth in 2012 at 6.9%

The IMF (International Monetary Fund) has pegged growth in India’s GDP for 2012 at 6.9%, scaling down the forecast by 0.1% points, compared to its projection in January 2012. It attributed the moderating growth outlook to policy dubiety, supply constrictions, ..

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