The Indian economy grew at a buoyant pace at 8.5 percent that was in line with the market expectations. However, the Q4 GDP numbers were below estimates at 7.8 percent. Manufacturing in Q4 grew at 5.5% vs 16.3% YoY. Q4 agricultural sector grew by 7.5% vs 0.7% YoY. Mining sector grew at 1.7% vs 8.9% [...]

June 2nd, 2011
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