The Indian economy grew at 4.8% in the January-March quarter of 2013, lower than the previous quarter's growth of 5%. While industrial production slowed, services sector growth remained strong. However, high inflation, a wide current account deficit, and a falling rupee continue to pose challenges for the economy.

1. Publication: The Economic Times Kolkata;Date: Jul 24, 2013;Section: Economy;Page: 11;