IMF trims India's GDP forecast to 7.4% for FY 2016-17 on Brexit fears
The IMF on Tuesday slightly trimmed India's growth projections to 7.4 percent for 2016 and 2017, a drop of 0.1 percent from its previous forecast, attributing it to a more sluggish investment recovery while declaring Brexit as a "spanner" in the global economic recovery.
Jul 19, 2016, 19:15 PM ISTIndia witnesses better growth prospects amid slowdown in global economy
The latest projections come at a time when the global economy as a whole is grappling with uncertainties, especially in the wake of Chinese slowdown.
Oct 08, 2015, 22:50 PM IST