GDP grows at 6.9% in Q2

India's economy grew at its weakest pace in more than two years in the quarter that ended in September, revealing the heavy toll that stubbornly high inflation, rising interest rates and crisis-hit global capital markets are having on Asia's third-biggest economy.

GDP growth fell to 6.9 per cent in the second quarter of the financial year, slipping below 8 per cent for the third straight quarter.