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IMF projects India's growth of 8.2% in 2022, making it world's fastest-growing major economy : Rashtra News #IMF #projects #Indias #growth #making #worlds #fastestgrowing #major #economy The International Monetary Fund on Tuesday projected a "fairly robust" growth of 8.2 per cent for India in 2022, making it the fastest-growing major economy in the world, almost

In the latest update to its World Economic Outlook report, the International Monetary Fund said the growth upgrade for India reflects

The upward revision to Indias growth forecast for this year is the second in a row, with the multilateral agency having announced a similar hike back in July

Pierre-Olivier Gourinchas sees a 15 percent chance of a sharp tightening of global financial conditions dragging down world economic growth to a mere 1 percent in 2023

The multilateral agency also cut its GDP growth forecast for India for 2024-25 by 50 basis points to 6.3 percent

The International Monetary Fund slightly lowered the global growth forecast for this year and expects inflation to slow more slowly than anticipated earlier as the lender warned that the economic situation is fragile, citing the recent financial sector turmoil.

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