2/29/12, "India growth drops to slowest in nearly three years," BBC
"The Indian economy expanded at its slowest pace in nearly three years as the manufacturing sector continued to slow.
Gross domestic product (GDP) grew by 6.1% between October and December, from a year earlier.
Growth in manufacturing sector slowed to 0.4% during the period, down from 2.7% in the previous quarter.
India's growth has also been hurt by a series of interest rate hikes aimed at reining in high prices....
Analysts said that given the slowdown in key sectors such as manufacturing and mining, Asia's third-largest economy may not be able to achieve its growth targets for the current financial year."...
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