Arab Today, arab today india economy grows weakerthanexpected 44
Last Updated : GMT 05:36:38
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Arab Today, arab today

India economy grows weaker-than-expected 4.4%

Arab Today, arab today

Arab Today, arab today India economy grows weaker-than-expected 4.4%

New Delhi - AFP

India said on Friday its economy grew by an unexpectedly slow 4.4 percent in the first financial quarter to June from a year ago, highlighting the weakness of the once-booming economy. Analysts blamed slumping investment, stubbornly high inflation and muted export demand from developed nations for the grim performance, which undershot market expectations that the economy would grow 4.7 percent.  

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