
NEW DELHI -- India's economic growth rate slowed to a five-year low, the government said on Friday, putting pressure on Prime Minister Narendra Modi in his second term to quickly deliver on promised reforms for which he won a strong voter mandate in recent elections.
The report came hours after Modi named former Defense Minister Nirmala Sitharaman as the country's new finance minister. Sitharaman now faces the tough tasks of steering the economy through crises in the financial and agriculture sectors and helping to revive private investment.