India's economy grew at the slowest pace in more than six years during the three months to December and the outlook does not look promising in the near term amid the coronavirus spreading across the world.
Gross domestic product grew 4.7 percent in the October to December quarter, official data showed Friday. The quarterly growth was largely supported by increased government spending.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.