India’s output
India’s output
Published: 12:00 am Aug 13, 2008
NEW DELHI: India’s industrial output grew by just 5.4 per cent in June, down sharply from the rate a year earlier, data showed on Tuesday, in another sign that Asia’s third-largest economy is slo-wing. Experts have for-ecast economic growth will slow this year as hi-gh borrowing costs and tough global financial conditions bite.