IMF raises India's growth forecast to 6.3 %; PM Modi says India is global bright spot powered by strength & skills of people
IMF yesterday raised India's GDP projection to 6.3 per cent even as it slashed the global growth forecast to three per cent
IMF yesterday raised India's GDP projection to 6.3 per cent even as it slashed the global growth forecast to three per cent
The key sector state institutions are to be privatised such as the national carrier Srilankan Airlines
The development came two weeks after the two sides reached a staff-level agreement over the stand-by arrangement
However, despite the slowdown, India would remain the fastest-growing major economy
However, the IMF cautioned that the monetary policy could miscalculate the right stance to reduce inflation
The Fed’s plan of quickly getting its benchmark rate to 3.5% to 4%
This comes a day after the talks between the Pakistan government and the IMF in Qatar failed to reach an agreement on an economic bailout