India Growth Matching 3-Year Low Adds Policy-Revamp Pressure
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Indian expansion slowed last quarter to match a three-year low as growth in domestic spending and exports moderated, adding pressure on the government to extend an economic-policy overhaul to spur investment.
Gross domestic product rose 5.3 percent in the three months to Sept. 30 from a year earlier, in line with the median of 42 estimates in a Bloomberg News survey and down from 5.5 percent in the previous quarter, data from the Central Statistical Office showed in New Delhi today.