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The IMF on Tuesday trimmed India’s growth forecast by 90 basic points to 6.1 per cent. This is second downward revision in seven months and in total 120 basis points reduction. 100 basis points is equal to one percentage point.

India has worked on fundamentals, but problems need to be addressed: IMF

Oct 18, 2019 06:55

The IMF on Tuesday trimmed India’s growth forecast by 90 basic points to 6.1 per cent. This is second downward revision in seven months and in total 120 basis points reduction. 100 basis points is equal to one percentage point. read more

In her speech, ahead of the IMF-World Bank autumn meetings next week, Georgieva said slower growth is expected this year in nearly 90% of world economies.

Effect of global economic slowdown ‘more pronounced’ in India: IMF chief

Oct 09, 2019 08:41

In her speech, ahead of the IMF-World Bank autumn meetings next week, Georgieva said slower growth is expected this year in nearly 90% of world economies. read more

Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief said Tuesday.

New IMF chief says global economy suffering ‘synchronized slowdown’

Oct 08, 2019 21:53

Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief said Tuesday. read more