High interest rates, oil prices to eat into India’s growth: IMF1 min read . Updated: 16 Jul 2018, 11:52 PM IST
In an update to its World Economic Outlook (WEO), IMF trimmed India's growth projection for 2018-19 by 10 basis points to 7.3%
New Delhi: The International Monetary Fund (IMF) on Monday said the Indian economy will grow slower than what it had estimated just three months ago because of higher crude oil prices and speedier interest rate hikes.
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