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India pushes through economic crisis
Submitted by AFAN team member Seeta Lakhani a Hindu on 30/05/2009 21:19
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Read more at: http://news.bbc.co.uk/1/hi/business/8073171.stm
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Page last updated at 06:50 GMT, Friday, 29 May 2009 07:50 UK
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Indian growth unexpectedly strong |
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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. |
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