Primary menu

India pushes through economic crisis

Seeta Lakhani's picture

Tags Associated with article
Page last updated at 06:50 GMT, Friday, 29 May 2009 07:50 UK

Indian growth unexpectedly strong

Indian labourers in Mumbai
The Indian economy is still one of the fastest-growing in the world

India's economy grew 5.8% in the first three months of the year compared with the same period last year, which was better than had been expected.

The official gross domestic product figure was down from 8.6% annual growth seen in the first quarter of 2008.

Although growth has slowed from last year, the economy is still expanding faster than most other countries.

It grew 6.7% in the full financial year, which was down from a rate of 9% in the year to the end of March 2008.

Read more at: http://news.bbc.co.uk/1/hi/business/8073171.stm 

Post new comment

  • Web page addresses and e-mail addresses turn into links automatically.
  • Glossary terms will be automatically marked with links to their descriptions. If there are certain phrases or sections of text that should be excluded from glossary marking and linking, use the special markup, [no-glossary] ... [/no-glossary]. Additionally, these HTML elements will not be scanned: a, abbr, acronym, code, pre.
  • Insert Flickr images: [flickr-photo:id=230452326,size=s] or [flickr-photoset:id=72157594262419167,size=m].

More information about formatting options