Home / India News / Top Headlines: IMF's prediction, GST Council recommendations, and more

Top Headlines: IMF's prediction, GST Council recommendations, and more

The International Monetary Fund (IMF) has "corrected" an error in its calculations to now project that India would become a $5-trillion economy by 2026-27

Premium

India is emerging as a leading player in the world’s search for a “variant-proof” coronavirus vaccine that would work against all emerging variants of coronaviruses and future epidemics.

BS Web Team New Delhi

3 min read Last Updated : May 20 2022 | 7:19 AM IST

The IMF 'corrected' an error in its calculations to now project that India would become a $5-trillion economy by 2026-27. While the GST Council recommendations have a persuasive value for framing of laws, they are binding when it comes to framing rules, government sources said. Read more on these in our top headlines for the morning.

IMF 'corrects' maths, says India to be $5-trillion economy by FY27

The International Monetary Fund (IMF) has “corrected” an error in its calculations to now project that India would become a $5-trillion economy by 2026-27, which is what the finance ministry has been saying

Topics : Coronavirus IMF Indian Economy GST Council GST Coronavirus Vaccine

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in