Slowdown pulls down India's growth to 5.3 percent

The signs of worldwide economic downturns have started showing in world's second fastest growing economy India. India's econmy grew at its lowest rate in almost six years in the third quaeter ending at December. The slowdown has raised questions about projected growth for...

Indian government unveils $4bn econmic stimulus plan

After failing to check the downslide in the economy with several montetary policies and interest rate cut Indian governement has now announced for the first time an economic stimulus package. The Indian government...

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