India expected to grow at 7.3%, 7.4% for 2018, 2019: IMF

New Delhi, Oct 9 (GCBusiness) The IMF has retained India’s growth at 7.3 per cent in 2018 and 7.4 per cent in 2019, given the recent increase in oil prices and the tightening of global financial conditions, up from 6.7 per cent in 2017.

According to the World Economic Outlook (WEO), important reforms have been implemented in recent years, including the Goods and Services Tax, the inflation-targeting framework, the Insolvency and Bankruptcy Code, and steps to liberalise foreign investment and make it easier to do business.

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Source: UNI-India

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