The International Monetary Fund has slashed its estimate on India’s 2019 economic growth to 5.8% from the 6.1% expansion it projected in October, citing a sharper-than-expected slowdown in local demand and stress in the non-bank financial sector.

WION Dispatch: IMF: 'Slowdown in India is a drag on world economy'

Lagarde said protectionism and trade restrictions risked prolonged low growth in advanced economies

IMF chief warns trade restrictions creating 'low growth trap'

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WION Dispatch: IMF: 'Slowdown in India is a drag on world economy'

IMF chief warns trade restrictions creating 'low growth trap'