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India's economy grows slowest in five quarters
At the highest levels
India's economic growth over successive quarters of the last financial year, 2011-12, makes for scary reading. In the first quarter, growth in gross domestic product (GDP) was reasonably robust, at eight per cent. A harsh slowdown was visible in the second quarter, when GDP growth was 6.7 per cent; but the government insisted that better times were just around the corner, and the second-quarter results
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