IN BRIEF (Page 16)

Indian slowdown

India's exports grew at the slowest pace in 14 months in May as weakening global expansion hurt shipments of clothes, steel and electronic goods.

Overseas sales rose 13 percent from a year earlier to $13.8 billion, slower than April's 31.5 percent gain, the government said in a statement in New Delhi yesterday. Imports increased 27 percent to $24.5 billion.