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India's GDP growth slowed to its weakest in a decade in FY 2012 (ending in March 2013), coming...

India's GDP growth slowed to its weakest in a decade in FY 2012 (ending in March 2013), coming in at 5%, while the expansion in FQ4 was even lower at 4.8%. Still that did meet consensus and was above the 4.7% in FQ3. The services sector grew strongly in FQ4, while manufacturing and farming also expanded, although mining declined an annual 3.1%. The BSE Sensex is -1%, while the rupee (ICN) is -0.2% vs the dollar.
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Comments (1)
  • bbro
    , contributor
    Comments (10313) | Send Message
     
    Nominal GDP growth is 12.5% but they did add 15 million people last year as opposed to the U.S.2.2 million people
    31 May 2013, 07:06 AM Reply Like
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