India’s GDP growth slows to 2-year low of 5.4% in Q2, adding pressure on RBI to cut rates – Times of India
India’s economy grew at its slowest pace in seven quarters, with gross domestic product (GDP) expanding just 5.4% year-on-year in the July-September quarter, well below the 6.5% expected by analysts. The slowdown, driven by weaker manufacturing and private consumption, marks a sharp decline from the 6.7% growth recorded in the April-June period.Manufacturing, a key driver…