2010/11 growth provisionally revised to 8.4%

India's economic growth for the 2010/11 fiscal year has been provisionally revised down to 8.4% from 8.5%, the government said today.

India's economic growth for the 2010/11 fiscal year has been provisionally revised down to 8.4% from 8.5%, the government said on Tuesday.

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India's GDP growth is slowing after a prolonged bout of monetary policy tightening that has seen 13 interest rate increases since March 2010, as well as sluggish investment and weak global conditions.