The industrial output data for August, which showed 1.1% contraction, adds to the string of other numbers, such as slumping vehicle sales, which are testimony to the slowdown that has gripped Asia’s third-largest economy, leading to a rash of growth downgrades by several economists, rating agencies and the central bank.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/33o7S3u
