The revision will do little to help the Congress party-led ruling alliance, which faces an uphill battle in elections due by May amid allegations of economic mismanagement, corruption scams and high inflation.
Foreign direct investment (FDI) inflows into India rose 54.8 per cent in November to $1.64 billion compared with $1.06 billion a year ago, a government statement
The trade deficit stood at $10.14 billion compared with $9.22 billion in November, a trade ministry official said on Friday.
The trade deficit stood at $10.14 billion compared with $9.22 billion in November, a trade ministry official said on Friday.
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In the fiscal year ended March, infrastructure output grew 3.2 per cent compared with 5 per cent in 2011/12.
Anand Sharma, who will lead the delegation to Bali, said a group of 33 countries were supporting India's stand on the food subsidy programme which he said was 'sacrosanct, non- negotiable.'
The finance ministry is resisting pressure from other departments to cap foreign ownership of domestic drugmakers, fearing such a move would discourage potential investors, a senior ministry source said.
Food prices rose 18.19 per cent year-on-year in October, slower than an annual rise of 18.4 per cent in September.
Analysts polled by Reuters had expected an annual output growth of 3.5 per cent for the month.
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