India’s GDP grows at 5.3 per cent in March quarter

Thursday, May 31, 2012, 11:03:26 (IST)
NEWS FLASH India's economy grew at an annual rate of 5.3 per cent in the quarter ended March 2012, against expectations of 6.1 per cent projected by a poll of 31 economists. GDP growth for the full year was 6.5 per cent, the slowest pace in three years, and well below the 8.4 per cent last year. The Reserve Bank of India predicted growth of 6.9 per cent. Growth slowed for seven successive quarters through the three months ended December 2011. The rate of growth in gross domestic product (GDP) was 6.1 per cent in the December quarter.       Advertisement     Talk Storage and win cool gadgets »  Share your favourite Dell Storage Forum tweets on your Facebook, Linkedin or Twitter pages; write a slogan »   Win Dell Ultrabooks, Smartphones, and more.   Click here to participate in the Dell Storage Buzz Contest!   Unsubscribe   News updates @ www.ndtv.com

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