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GDP grows 6.1% in Q3, weakest in almost three years

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India's economic growth slowed to its weakest annual pace in almost three years in the three months to December, as high interest rates and rising input costs constrained investment and manufacturing.

Pranab Mukherjee ‘disappointed’ after 6.1pc growth in third quarter

Finance Minister Pranab Mukherjee on Wednesday termed the third quarter GDP number of 6.1 per cent as ‘disappointing’ but expressed the hope that economy is expected to register a growth of 7 per cent

India will be world's 3rd largest economy by 2030

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India will be world's third largest economy by 2030 but its energy demand will slow down to 4.5 per cent, global energy giant BP plc said on Monday.

"By 2030 China and India will be the world's large

RBI governor sees growth below 7.6% in fiscal 2012

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India's economy is likely to grow less than 7.6 per cent this fiscal year and the RBI's aim to bring inflation down to 7 per cent by the end of March faces uncertainty over the rupee, oil prices, and the euro zone debt crisis, Reserve Bank of India governor Duvvuri Subbarao said on Thursday.

India's GDP growth rate to slip below 7 pc: Moody's

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Global credit ratings agency Moody's on Wednesday said policy paralysis coupled with global uncertainty is expected to pull down India's GDP growth rate below 7 per cent in the current fiscal from 8.5

India’s growth at 6.9% slowest in two years

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India's economy grew at its weakest pace in more than two years in the quarter that ended in September, revealing the heavy toll that stubbornly high inflation, rising interest rates and crisis-hit global capital markets are having on Asia's third-biggest economy.

GDP growth to moderate to 7-7.5% in 2011-12: Montek

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Attributing the decline in second quarter GDP to slowdown in investment, the Plan panel on Wednesday said the economy would rebound during January-March but the growth rate this fiscal would be 7-7.

Q2 growth not disappointing in view of global slowdown: Pranab

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Finance Minister Pranab Mukherjee on Wednesday said 6.9 per cent economic growth in the second quarter was not disappointing in view of global developments and the government will continue to adjust

Fed lowers GDP forecast, mulls more action

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The Federal Reserve on Wednesday slashed its forecast for growth, raised projections for unemployment and said it was mulling the possibility of buying more mortgage debt to spur a struggling recovery

Rangarajan sees lower GDP on slow factory growth

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India's economy will grow a lower-than-expected 8 per cent during this fiscal year, a top adviser to the prime minister said, adding to a slew of forecasts showing rising inflation, slowing industrial

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