Glenn Levine

India's inflation increased unexpectedly last month, data showed Thursday, tempering hopes of an interest rate cut next week after the central bank chief warned about rising prices.

India's industrial output grew by a surprise 2.4 percent in January, data showed Tuesday, suggesting that Asia's third-largest economy may be on track for a modest recovery.

India on Monday reported exports slid by nearly 15 percent in July, the steepest dive in three years -- hit by the long-running debt crisis gripping Europe and the stumbling US recovery.

India is expected Friday to announce its worst quarterly economic growth figures in three years, with economists saying there is scant hope for a swift turnaround in Asia's third-biggest economy.

Premier Manmohan Singh forecast on Saturday stronger growth for India's stumbling economy, prompting opposition charges that the 79-year-old leader was in "denial" mode.

India's industrial output shrank by a shock 1.8 percent in June, data showed Thursday, highlighting the challenge for new finance minister P. Chidambaram to reverse the nation's sharp growth slowdown.

India's industrial output grew by a faster-than-expected 2.4 percent in May, data showed Thursday, but the still sluggish expansion underscored the weakness of Asia's third-largest economy.

India's economy grew just 5.3 percent in January-March, its slowest pace in almost a decade, data showed Thursday, as a global slowdown, high interest rates and political deadlock take their toll.

India is expected to announce the economy grew just 6.1 percent in the January-March quarter, a three-year low likely to add further pressure on the embattled government.

India is expected to announce economic growth for the first quarter of 2012 of around 6.1 percent on Thursday, a near three-year low likely to increase the gloom shrouding the country.

India's rupee, which hit an unprecedented string of all-time lows last week, is set for more falls unless policymakers move quickly to put Asia's third-largest economy back on track, analysts say.

India's rupee, which hit an unprecedented string of all-time lows last week, is set for more falls unless policymakers move quickly to put Asia's third-largest economy back on track, analysts say.

India's rupee, which hit an unprecedented string of all-time lows last week, is set for more falls unless policymakers move quickly to put Asia's third-largest economy back on track, analysts say.

Standard & Poor's on Wednesday downgraded India's credit outlook to negative as a weakening economy and gaping fiscal deficit put the country's prized investment-grade rating at risk.

India's central bank was widely expected to cut interest rates on Tuesday -- its first reduction in three years -- to help spur growth that has slowed markedly due to relentless monetary tightening.

India's Finance Minister Pranab Mukherjee on Friday described as "totally baffling" a huge downward revision in industrial output data that undermined hopes the nation's economy was recovering.

India's central bank kept interest rates on hold Thursday, saying that worries persisted over inflationary risks due to rising crude oil prices.

India's central bank was widely expected to keep interest rates unchanged on Thursday after inflation accelerated and the pace of growth showed signs of improving, analysts said.

India's economy will soon return to high growth, the government pledged Monday, as official data showed industrial output expanded at its fastest clip in seven months and car sales surged.

India's industrial production output grew by a surprise 6.8 percent in January, the fastest in seven months, data showed Monday, defying high interest rates and a global economic downturn.