Tuesday, October 9, 2018

IMF cuts India's growth

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International Monetary Fund  has forecasted a growth rate of 7.3 per cent for India in the current year of 2018 and that of 7.4 per cent in 2019. 

In 2017, India had clocked a 6.7 per cent growth rate. India’s growth is expected to increase to 7.3 per cent in 2018 and to 7.4 per cent in 2019. The slight down grade due to the recent increase in oil prices and the tightening of global financial conditions.

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