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India's Economic Growth Slowest in A Decade

Economic officials say India's economic growth fell to its slowest pace in a decade for the latest fiscal year.

India's statistics ministry released data Friday that showed growth stood at 5 percent for the 12-month period ending March 31, far below the 8 percent growth the country has averaged over the past 10 years.

Analysts say low business confidence, slumping investment, high inflation and failures to act on planned reforms are to blame for the bleak performance.



Prime Minister Manmohan Singh and the ruling Congress party have been plagued by corruption scandals, prompting opposition parties to hold up economic reforms that could spark an economic rebound.

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Pro-democracy protesters stand in heavy rain while blocking a main road at Mongkok shopping district in Hong Kong, October 22, 2014.

Audio VOA Exclusive: US Democracy Group Rebuts Hong Kong Meddling Allegations

Chinese state media and pro-Beijing news outlets in Hong Kong have published a series of articles in recent days, accusing the National Endowment for Democracy of funding and advising the protesters More

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