India's growth may fall to decade-low, IMF says

Note: This section contains information in English only.
Source: Bloomberg
According to the International Monetary Fund, Indian economic growth is likely to weaken this year to the lowest level in a decade after investment decreased. The IMF urged India's government to keep its interest rates unchanged until country's high inflation rate eases. The GDP will increase 4.9% in 2012, less than a forecast of 6.1% in July. 
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Tue, 09 Oct 2012 05:45:00 GMT

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