Growth Lower Than Expected: Has Notes Ban Hit Economy Hard?
The latest Gross Domestic Product or GDP numbers show unexpected slowdown of growth to 6.1 per cent - the lowest in more than two years - against the 7.1 per cent forecast by analysts. With China's growth rate at 6.9 per cent for the same quarter, India loses the fastest growing economy tag. Has demonetisation hit harder than we thought and how long will it take to recover?
