Slowdown hits home as new investments at 5-year low...

Investment proposals plunged to a five-year low in 2011 as companies such as GMR and Reliance Power halted projects due to administrative hassles, threatening to amplify the economic slowdown in 2012 and delay recovery even with rate cuts from the central bank. A prolonged phase of weak investments could increase loan defaults by companies or call for restructuring of debt, denting banks' profitability.

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