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You are here: Home»World»Business & Economy»India GDP quarterly growth slips to 7.8 pc

indian-economyNEW DELHI: Indian economic growth in the January-March quarter slipped to 7.8 percent from a year earlier, official data showed Tuesday, as an aggressive series of interest rate hikes slowed activity.

For the full fiscal year to March 2011, India's economy posted growth of 8.5 percent, India's Central Statistical Organisation reported, a shade below the government's expectation of 8.6 percent expansion.

Copyright AFP (Agence France-Presse), 2011


 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln