{"id":40670,"date":"2019-08-30T15:22:29","date_gmt":"2019-08-30T15:22:29","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=40670"},"modified":"2019-08-30T15:22:29","modified_gmt":"2019-08-30T15:22:29","slug":"indias-economic-growth-plunges-to-six-year-low-of-5","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=40670","title":{"rendered":"India&#8217;s economic growth plunges to six-year low of 5%"},"content":{"rendered":"<p class=\"zn-body__paragraph speakable\"><cite class=\"el-editorial-source\">New Delhi (CNN Business)<\/cite>India&#8217;s <a href=\"https:\/\/www.cnn.com\/2019\/08\/29\/economy\/india-economy-slowdown\/index.html\" target=\"_blank\">economic slump<\/a> risks becoming a crisis, with growth plunging to levels not seen since Prime Minister Narendra Modi was elected in 2014 on a promise to turn the country into a global powerhouse.<\/p>\n<div class=\"zn-body__paragraph speakable\">Gross domestic product grew by just 5% in the three months to June, according to government data released Friday. That compares with growth of 8% in the same period last year. It was also a huge drop from <a href=\"https:\/\/www.cnn.com\/2019\/05\/31\/economy\/india-gdp-economy-q4\/index.html\" target=\"_blank\">growth of 5.8%<\/a> recorded the previous quarter. <\/div>\n<div class=\"zn-body__paragraph speakable\">The data mean Asia&#8217;s third biggest economy is now growing at its slowest pace in over six years. <\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi (CNN Business)India&#8217;s economic slump risks becoming a crisis, with growth plunging to levels not seen since Prime Minister Narendra Modi was elected in 2014 on a promise to turn the country into a global powerhouse.Gross domestic product grew by just 5% in the three months to June, according to government data released Friday.&hellip;<\/p>\n","protected":false},"author":10,"featured_media":40671,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-40670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/40670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40670"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/40670\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/40671"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}