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India Inc unhappy at 5.5% GDP growth; asks govt revive economy

Last Updated: Friday, August 31, 2012, 21:20

Unhappy with 5.5. Percent GDP growth in April-June quarter, industry chambers today said opportunities for revival of the economy would soon "peter out" if the government does not take immediate policy action.

Sensex tanks 161 points as Q1 GDP dashes rate cut hopes

Last Updated: Friday, August 31, 2012, 16:58

The Sensex on Friday plunged nearly 161 points dragged down by power, metal and oil&gas stocks as better-than-expected 5.5 percent growth in first quarter dashed hopes of interest rate cut, amid a weak global trend.

India's Q1 GDP growth at decade low of 5.5%

Last Updated: Friday, August 31, 2012, 11:13

The previous low in the first quarter was registered in 2002-03 when the economy clocked a growth rate of 5.2 percent.