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India's Economic Growth Drops To 5.8% In March Quarter, Behind China
31 May 2019, 06:29 PM IST 
The slowdown may lead to another rate cut by the RBI in its June policy review, say economists
India's GDP growth in the quarter ended March 31 was much worse than economists' expectations. A survey of economists by news agency Reuters had forecast GDP growth at 6.3 per cent annually in the quarter ended March 31.
Mr Garg added that country's growth rate, which has been hit due to weak consumption demand and private investment, will start turning around from the July-September quarter with favourable interest rates and an i...
