India growth slows
, December 31, 2012
A man cycles past residential buildings under construction in Kolkata, India, on December 31. India's economy is expected to grow 5.7-5.9 percent for the fiscal year ending in March, the slowest since 2002/03. Growth prospects also remain below the recent trend of double-digits, with Prime Minister Manmohan Singh this week calling the five-year government plan for 8 percent expansion "ambitious." Reuters/Rupak De Chowdhuri
