Should India be able to decouple itself from US Subprime Impact?

Friday, August 31, 2007

India shines: April-June GDP grows 9.3 per cent

NEW DELHI: India's economy in the April-June quarter grew a faster-than-expected 9.3 per cent from a year earlier, led by robust manufacturing and services, but analysts said the pace could moderate in coming quarters.
The annual growth rate for India's fiscal first quarter published on Friday topped both a median forecast of 8.9 percent in a poll and growth of 9.1 per cent the previous quarter.

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