India in reverse

September 09, 2013 13:25

India's once booming economy is sliding into a deep slump. The country grew just 4.4 percent this summer, a far cry from the 7.7 percent average for the past decade.

Its currency, the rupee, has tumbled 16 percent against the dollar in the last three months. And analysts expect things to get even worse in the coming months.

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