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    Indian economy slows to its weakest in 3 years

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    PressTV

    by PressTV

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    India’s growth story is expected to miss its targets as the country’s Economic growth slowed to 6.1 percent during the last quarter of 2011 which is the weakest pace in almost three years according to official figures; the country’s economic growth was 8.3 percent in the previous corresponding period. The slowdown is mainly attributed to global economic turmoil, high interest rates, poor performance of manufacturing, Mining and farm sector.