Analysts increase growth forecast for Indian GDP to 6.3%

07/15/2009 | Financial Express (India), The

India's GDP for the budget year ending in March will show 6.3% growth, an improvement over the 5.7% expansion forecast three months ago, analysts predicted in a Reuters poll. Although India's growth rate is well ahead of most developed nations, 6.3% would be the lowest for Asia's third-largest economy since the fiscal year of 2002 to 2003, when it sank to 3.8%.

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Financial Express (India), The

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