IMF Raises India Growth Forecast to 7%
The IMF has raised its growth forecast for India to 7 per cent. It also warned that the global outlook is becoming more fragmented, meaning countries are trading and cooperating less as one system.
Context
Context: The IMF, or International Monetary Fund, publishes growth forecasts for every major economy twice a year. Its numbers are closely watched by investors, banks and governments when planning budgets and borrowing.
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