WION Dispatch: IMF: 'Slowdown in India is a drag on world economy'
Edited By WION Video Desk
Published: Jan 21, 2020, 02:10 IST | Updated: Jan 21, 2020, 02:10 IST
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.
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