India is going through a significant economic slowdown: IMF (www.deccanherald.com)

India’s economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government data.

India is now in the midst of a significant economic slowdown,” says Ranil Salgado, of the IMF Asia and Pacific Department.