Ican’s Singhvi Says India’s Leadership Vacuum Is Hurting Growth
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Anil Singhvi, chairman at Ican Investment Advisors Pvt. in Mumbai, comments on India’s slowing growth rate. Asia’s third-largest economy expanded at the weakest pace in at least eight years last quarter.
Gross domestic product rose at a lower-than-expected 5.3 percent in the three months ended March from a year earlier, compared with 6.1 percent in the previous quarter, the Central Statistical Office said in a statement in New Delhi today. Singhvi spoke in a telephone interview.