NEW DELHI: The International Monetary Fund (IMF) projected on Tuesday that the Indian economy will contract 10.3 percent in the current fiscal year amid the ongoing coronavirus pandemic. However, the IMF noted that India may grow at an impressive 8.8% rate in 2021, surpassing China’s projected rate of 8.2%, thus …
Read More »IMF cuts India’s growth forecast for 2020 and hopes to recover next year
