IMF revises down India's GDP forecast to 7.5% for '12

Last updated: 14 October 2011

The Indian economy would grow by 7.8% in 2011 and by an even slower 7.5% next year, the International Monetary Fund (IMF) said on Thursday, citing less-than-anticipated recovery in advanced economies and the uncertain global outlook. In India, where corporate funding relies increasingly on extern

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