Aug 30, 2011

Gross Domestic Product – Q1FY12 Update


Dear investors,

India's economy grew at its slowest pace during the April-June quarter, as rising interest rates crimped the consumption and investment demand in economy. The slower performance in mining and quarrying, manufacturing and construction sector led to deceleration in the GDP growth to 7.7% from 7.8% in Q4FY11 & 9.3% in Q1FY11...

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