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The Central Bank downgraded its growth forecast for 2015 to 0.13%.
Syriza will become the first anti-austerity party to take power in Europe.
Most of the Indian military might on display during the parade had a "Made in Russia" tag.
US President Barack Obama is the chief guest at India's Republic Day celebrations on Monday.
The leftist party's win will rattle nerves in the EU as it promises to renegotiate its Eurozone financial promises.
India and US have reached an agreement to break a six-year impasse on the landmark civil nuclear deal.
The nuclear deal as being discussed currently will only be a temporary solution to an otherwise complex scenario, writes Ranjan.
South Africa has had endorsed the election as “peaceful, transparent, credible, free, and fair".
China has replaced the US as India’s largest trading partner.
China's Foreign Ministry has said both countries made great sacrifices and contributions to the victory of the world's anti-Fascist War.
