Will India's Economic Growth Keep Pace? India's economic growth may stagnate anywhere between 5-6 percent this fiscal year, and may continue to fall below 6 percent next year as well due to the slowdown in the European and U.S. markets. First quarter growth during FY 2012/13 was 5.5 percent. In the latest budget, the finance minister projected GDP growth at 7.6 percent in FY 2012/13. The Reserve Bank of India (RBI) also lowered its growth projection from 6.5 percent to 5.8 percent. However, a more positive report by the Organization for Economic Cooperation and Development (OECD) asserts that India's buying power is increasing, and will continue to do so in the next 50-year period. The report also predicts India's GDP will increase seven...