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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

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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