India's economic growth slows to 7.8%
India’s GDP growth has slowed for the fifth-consecutive quarter to 7.8%, missing its 8.2% target, due to factors including high interest rates and a dip in manufacturing. Economic growth came to 8.3% in the previous quarter.
The quarter ending in March is the final one of India's financial year. Full-year growth came to 8.5%, just shy of the 8.6% target. The Hindustan Time noted that, during the January-March quarter, growth...
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