Fri, 31 Aug 2012 07:05:14 GMT
India economy expands 5.5% in Q2
India's economy improved more-than-estimated at 5.5% pace on year in Q2, after a 5.3% increase in the previous quarter, official data showed on Friday. Economists expected a 5.2% - 5.3% expansion. Indian stocks rose amid the data, but fell back shortly, with the Sensex, benchmark BSE index, slipping 0.5%.