India GDP outpaces China despite slowdown to 4.4% last quarter

South Asian nation growing at 7% annual clip versus rival's 3%

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A construction site of a metro rail project in New Delhi: The Indian economy has run into headwinds but remains a strong performer. © Reuters

KIRAN SHARMA, Nikkei staff writer

NEW DELHI -- India's economic growth rate slowed to 4.4% in the third quarter of the current fiscal year, official figures showed on Tuesday, although the country is zipping ahead of regional rival China.

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