India's economic growth rate slows to 5.3%

BBC ^ | November 30, 2012

[SoFloFreeper]

India's growth rate slowed in the July to September quarter, putting pressure on the government to implement more reforms and ease monetary policy.

The economy grew by 5.3% from a year earlier. That was down from a rate of 5.5% in the previous three months.

[SoFloFreeper]

Obamugabe and his pathetic economic plan caused a media orgasm when U.S. growth hit 2.7% the other day. And THAT was apparently only from government spending and not from private sector expansion.

[soa100]

I don’t think many, if any developed nations can manage to pull off an annual growth rate of more than 5%. They are being called developed for a reason......

[StAnDeliver]

"I don’t think many, if any developed nations can manage to pull off an annual growth rate of more than 5%."

You'd better hope so, because the over/under on China civil war is 7%. And that info comes from them!