India's economy slips to its lowest since 2009


(MenaFn) Economy of India recorded its lowest rate since 2009 in the second quarter of the current year, according to Khaleej Times. The Statistics Ministry reported a rise in gross domestic product of 4.4 percent during the second quarter compared to the last year, down from 4.8 percent in the first quarter of 2013. The government planned since 2012 to recover from the deficits and speed up construction projects, in addition to raising the taxes on gold imports.


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