Posted inIndia, South Asia

IMF says Indian slowdown a drag on global economy

The International Monetary Fund (IMF) slashed its 2020 global growth forecast due to the slowdown in India and other emerging markets. The sharp drop for India “accounts for the lion’s share of the downward revisions,” the IMF said. The Washington-based lender has lowered the growth estimate for India to 4.8% for 2019. India-born IMF Chief […]

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