Economics
India Growth Seen Slowing Adds Policy-Overhaul Pressure: Economy
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India’s economic growth probably slowed last quarter to match a three-year low as elevated inflation and subdued investment add pressure on Prime Minister Manmohan Singh to extend a recent policy overhaul.
Gross domestic product rose 5.3 percent in the three months to Sept. 30 from a year earlier, the median of 36 estimates in a Bloomberg News survey shows ahead of a report due Nov. 30. That would be the same as in January-to-March this year and less than the 5.5 percent pace of the second quarter.