Weak India GDP growth flashes warning sign to investors

Investors and economists are at loggerheads over whether India’s GDP growth will weaken further in the coming months following disappointing performance between April and June. Further drops could dampen the country’s investment appeal and would leave its expensive equity market vulnerable to sell-offs. India’s economy slowed to year-on-year growth of 5.7% in the first quarter of its 2017-2018 fiscal year, below the 6.1% growth rate it had recorded in the first three months of the…