India’s Economy May Grow at Slowest Pace Since 2003

India’s economy may grow at its weakest pace in six years in the current fiscal year, pulled down by the global recession, the central bank said in a report. The economy may grow 6.8 percent in the 12 months ending March 31, less than the 7.7 percent forecast in September, according to the median compiled by the Reserve Bank of India from forecasts of 13 agencies including the World Bank and Citigroup Inc.