Published On: Sep 13, 2019

The IMF said that India's economic growth is "much weaker" than expected. It has attributed the reasons for corporate and environmental regulatory uncertainty and lingering weaknesses in some non-bank financial companies. The International Monetary Fund (IMF) in July projected a slower growth rate for India in 2019 and 2020. It is a downward revision of 0.3 per cent for both the years, saying its GDP will now grow respectively at the rate of 7 and 7.2 per cent reflecting a weaker-than-expected outlook for domestic demand.  

Related Videos

Entertainment Articles