The Indian economy grew at the slowest rate since 2003 in the first three months of 2012, due to a widening trade gap and poor investment.
India's gross domestic product (GDP) rose 5.3% in the first three months of 2012, down from 7.8% in the same period last year, official figures show.
The growth figure was well below market expectations of 6.1%
India is the third-largest economy in Asia but has been struggling with inflation and currency weakness.
Since July last year, the Indian rupee has seen one of the biggest declines among Asian currencies, dropping more than 27% against the US dollar.
Source & Image : BBC
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