India’s economy has the resilience to overcome the current slowdown and return to high growth trajectory, said Prime Minister Narendra Modi. He reassured investors about their long-term bets on Asia’s third-biggest economy. “India has witnessed such ups and downs previously as well,” Modi told business leaders in New Delhi. “And each time, we have emerged even stronger. That’s why even now India will forge its path ahead with firmer determination and confidence.” The country’s economy grew five percent year-on-year between April and June, its weakest pace since 2013, as consumer demand and government spending slowed amid global trade c
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