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India’s growth falls short at 4.7 percent

By WTOP Staff

MUMBAI, India (AP) — India has reported economic growth of 4.7 percent for the last fiscal year, falling short of the government’s forecast and continuing a trend of sluggish expansion that helped sweep a new government to power this month.

The numbers released Friday also showed growth of 4.6 percent for the January-March quarter. The growth rate for the year that ended March 31 was the second year of sub-5 percent expansion for Asia’s third-largest economy.

India’s government had projected 2013-14 growth of 4.9 percent. The government estimates the economy needs to expand at least 8 percent annually to provide jobs for the millions of young people entering the workforce.

The pro-business Bharatiya Janata Party won elections this month, installing Narendra Modi as prime minister.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Emergency guide: What you should do to prepare for emergencies

By WTOP Staff
WASHINGTON — Do you know what you'd do if an emergency hits? What if you're at work, your spouse is stuck in traffic and your children are in school? There's no way to plan for every emergency, but you can make sure you're prepared for different scenarios, including making a plan for your family and building a kit of emergency supplies.
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