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India output growth flat, adds to BRIC straggler's gloom
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Jun 12, 2012
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<p><a href="http://news.yahoo.com/india-output-growth-flat-adds-bric-stragglers-gloom-114744270--business.html"><img src="http://l.yimg.com/bt/api/res/1.2/dJrTBM08SIPs.gva3MdNoA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-06-12T121346Z_1_CBRE85B0XZ100_RTROPTP_2_INDIA-ECONOMY.JPG" width="130" height="86" alt="Labourers work at the construction site of a foot-over bridge in Hyderabad" align="left" title="Labourers work at the construction site of a foot-over bridge in Hyderabad" border="0" /></a>NEW DELHI (Reuters) - India's industrial output growth flatlined in April, piling pressure on policymakers to cut rates and revive the economic fortunes of the BRIC nation that Standard & Poor's warned could be downgraded to junk status because of political inaction. The ratings agency said India's leaders had strayed from the path of economic liberalization and the country could become the first of the so-called BRIC nations - Brazil, Russia, India and China - to lose its investment grade credit rating. ...</p><br clear="all"/>
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