Indian Economy: Indian and Photo Afp

indian economy: Photo AFP Global investors have sold 4.5 billion worth of Indian shares since June, the South China Morning Post SCMP reported, news that adds to the evidence that the Indian economy has begun to lose its luster, according to Global Times China. Fears of a global economic slowdown are rising as reliable figures indicate that both developed and developing economies have been hit hard by issues such as the US-launched trade war. Air coolers are in high demand during the summer months as temperatures rise above 40 C in many places on the Indian subcontinent. India, as a newcomer to the list of manufacturing powers, has showed less resilience to external uncertainties amid global economic slowdown. Although a stimulus plan has been unveiled, confidence in the economy is giving way to uncertainty. India's GDP growth tumbled to a six-year low of 5 percent in the April-June quarter. (news.financializer.com). As reported in the news.