 "gdp, consumer spending")
IMF retains India's FY20 GDP growth rate forecast at 6.1%
The International Monetary Fund (IMF) has retained India’s economic growth forecast at 6.1 per cent for FY20, but said risks to the outlook are tilted to downward side. IMF’s projection is much higher than those by most agencies. IMF Chief Economist Gita Gopinath said the Fund would revise downward India’s economic growth when it comes out with its update on world economic outlook in January. As such, this 6.1 per cent growth rate may be cut that time. Read more...
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