India's companies are scaling back spending and curbing expansion plans this year, putting a dampener on the country's economic growth, in an unintended consequence of interest-rate hikes aimed at stemming inflation.
WSJ.com: What's News US, Wall Street Journal
Tue, 06/28/2011 - 10:23am
India's companies are scaling back spending and curbing expansion plans this year, putting a dampener on the country's economic growth, in an unintended consequence of interest-rate hikes aimed at stemming inflation.