Economic Buzz: IMF Expects Double Digit Growth For Indian Economy
The International Monetary Fund (IMF) on Tuesday upgraded its gross domestic product (GDP) projection for India to 12.5% in FY22, the highest growth rate estimated for any country this fiscal in its latest World Economic Outlook update. The estimate is 1% higher than its earlier forecast. The growth in next fiscal is likely to moderate to 6.9%, stated the IMF.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Apr 07 2021 | 9:02 AM IST