India Might Be Headed for a Slowdown
Demonstrations against working conditions break out in the suburbs of New Delhi.
Aftermath of a labor protest in Noida, India on April 13.
Photographer: Sunil Ghosh/Hindustan Times
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India boosters were a bit perplexed by the World Economic Outlook released by the International Monetary Fund this month. It showed the South Asian powerhouse slipping from 5th to 6th place in gross domestic product rankings. It fell behind the UK when many analysts expected it to overtake Japan, which holds down 4th after the US, China and Germany.