Inflation will not come below RBI's tolerance level in FY23: IMF's Choueiri

India relative bright spot in the world; 6.8 per cent growth rate 'really a good number': Senior executive

A few days after the International Monetary Fund (IMF) cut India’s economic growth by 60 basis points to 6.8 per cent for 2022-23, compared to its earlier forecast of 7.4 per cent, its India Mission Chief Nada Choueiri tells Indivjal Dhasmana that the new growth rate is not bad since emerging market and developing economies are expected to grow by only 3.7 per cent on average in 2022.

She says while rise in interest rates in the West may impact investment flow into India, liberalisation of government security regime for non-residents, digitisation in a number of areas and talks and