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Hit by Indian slowdown, S Asia nations must hard on reforms: WB

Last Updated: Thursday, October 10, 2013, 12:24

Noting that India's slowdown has significant spillover effects on the rest of South Asia, the World Bank has said South Asian countries need to work hard on reforms.

Economy to expand over 5%, average 8% growth rate to be revisited

Last Updated: Friday, October 4, 2013, 13:12

The Planning Commission on Friday said it will revisit annual average GDP growth target of 8 percent for the 12th Plan (2012-17) in view of dismal performance in first two years of policy period, while saying the economy is likely to expand by over 5 percent this fiscal.