ADVERTISEMENT
India's GDP Growth To Stay Ahead Of China, IMF Retains Forecast
IMF retains India's GDP growth forecast at 7.2% for 2017-18 India projected to grow faster than China in 2017, 2018 China forecasts marginally raised to 6.7% in 2017, 6.4% in 2018
24 Jul 2017, 04:43 PM IST 
Indian economy grew 7.1% in 2016-17
The International Monetary Fund or IMF has retained its economic growth forecast for India. The multilateral body in its July world economic outlook update projects India's GDP to grow at 7.2 per cent in 2017-18 and accelerate further to 7.7 per cent in 2018-19. This is the same growth rate the IMF had predicted in its April update. "Growth in India is forecast to pick up further in 2017 and 2018, in line with the April 2017 forecast...
