India's economy grew just 5.3 percent the past quarter, the rupee is taking a beating, and inflation is still high, leaving the central bank with little room to maneuver.
We've written about India's fiscal problems, but what's behind the slowdown?
Drawing on a report by HDFC Securities' analysts Sameer Narang and Vishal Modi we pulled together 8 charts to show the deceleration in the Indian economy.
India's GDP grew 5.3 percent in the fourth quarter falling to a seven-year low
CSO / HDFC Bank
And the slowdown has been sharp in the last four quarters, with GDP slowing from 8 percent in June 2011 to 5.3 percent the last quarter