IMF Trims India's Economic Growth Estimates

The International Monetary Fund (IMF) on Tuesday trimmed India's economic growth forecast to 8.2% for FY23 from 9% estimated in January, citing the impact of high oil prices on consumer demand and private investments. The Fund also cut India's FY24 growth forecast to 6.9% from 7.2% estimated earlier.
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First Published: Apr 20 2022 | 8:54 AM IST
