Economics

India’s Economic Growth Sputters to 4.5%, Weakest Since 2013

  • Biggest contraction in core infrastructure sector since 2005
  • Businesses holding back due to bleak economic prospects

Motorcyclists ride past a model aircraft displayed between highways in Surat, Gujarat, India.

Photographer: Karen Dias/Bloomberg
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India’s economy grew at its weakest pace in more than six years last quarter, a blow to Prime Minister Narendra Modi as he steps up action to stem the fallout.