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May 31, 2012, 12.01 PM IST
The Indian economy grew by 5.3% in the fourth quarter of 2011-12 fiscal year, the slowest since March 2003 according to Thomson Reuters data, and well below analysts' forecast of 6.1% growth.
For the whole fiscal year 2011-12, the GDP growth slipped to 6.5% from an earlier estimate of 6.9%, the government data showed on Thursday. Also read Expect 7% GDP growth in FY13, says HSBC Expert Views: March-quarter GDP growth at 5.3% GDP growth hits 9-yr low of 5.3% in FYQ4
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