Mumbai Police apprehended Gurunath Meiyappan, a key official of the Indian Premier League's (IPL) Chennai franchise, late on Friday in connection with a spot-fixing scandal that has also led to the arrest of three cricketers. Full Article
Breakingviews columnists discuss the implications of inflation being in decline globally. Video
For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft. Full Article
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Growth could get stuck at 5-5.5 percent if logjam continues: Montek
NEW DELHI |
NEW DELHI (Reuters) - India's economic growth could get stuck at 5-5.5 percent if a policy logjam continues, Montek Singh Ahluwalia, deputy chairman of the planning commission, said on Thursday.
India's GDP growth has languished below 6 percent for three straight quarters, a far cry from the near-double-digit pace of expansion before the 2008 global financial downturn.
Economic growth for financial year 2012/13 ending in March is expected to be 5.7-5.9 percent, the country's slowest since 2002/03.
(Reporting by Rajesh Kumar Singh; Editing by John Chalmers)
- Tweet this
- Share this
- Digg this