scorecardresearch
IMF cuts India's growth forecast further, blames it for lower global growth projections

IMF cuts India's growth forecast further, blames it for lower global growth projections

The IMF has slashed India's growth forecast further by more than a percentage point. Gita Gopinath cited stress in the non-banking financial sector  and weak rural income growth as a major reason. The IMF has also trimmed back 2020 global growth forecast due to a sharp slowdown in India and other emerging markets. Watch the video for more.

Also read: New law to protect foreign investors to exclude tax demands, reveal documents

Also read: Airtel partners with Google Cloud to offer G Suite to SMBs