IMF cuts India’s FY23 growth forecast to 8.2% from 9%
NEW DELHI: India’s economy is estimated to grow by 8.2% in the current fiscal year (2022-23), sharply slower than the International Monetary Fund’s (IMF) earlier forecast of 9% as the impact of Russia’s invasion of Ukraine weighs heavily on prices and disruption of supply chains. In its latest World Economic Outlook (WEO) report, the IMF … Read more