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India's economic growth rate slows to 5.3%
| November 30, 2012
Posted on 11/30/2012 2:20:31 AM PST by SoFloFreeper
India's growth rate slowed in the July to September quarter, putting pressure on the government to implement more reforms and ease monetary policy.
The economy grew by 5.3% from a year earlier. That was down from a rate of 5.5% in the previous three months.
(Excerpt) Read more at mobile.bbc.co.uk ...
TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: india; jobs
Obamugabe and his pathetic economic plan caused a media orgasm when U.S. growth hit 2.7% the other day. And THAT was apparently only from government spending and not from private sector expansion.
I don’t think many, if any developed nations can manage to pull off an annual growth rate of more than 5%. They are being called developed for a reason......
posted on 11/30/2012 3:44:22 AM PST
"I dont think many, if any developed nations can manage to pull off an annual growth rate of more than 5%."
You'd better hope so, because the over/under on China civil war is 7%. And that info comes from them!
posted on 11/30/2012 5:49:48 AM PST
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