Analysing GDP data: India's economy is no longer one of the cool kids

Is this performance the kind of thing that propels a country to superpower status?

India isn't keeping the best company.

When Reserve Bank of India officials reviewed the global economy at February’s meeting, they ticked off a list of major emerging markets that had struggled: China, Russia, Brazil and South Africa all got a must-do-better grade.

Disappointing numbers released Thursday mean policy makers can add one closer to home: India itself.

Gross domestic product rose 6.6 per cent in the final three months of last year, down from 7 per cent in the third quarter and 8 percent in the period before that.

It's not the figure per se; the miss versus economists’ estimates was insignificant. It's that