In the gloomy global economic picture painted by IMF, India retains its rank as the world's fastest-growing major economy, tying with China, with a projected growth rate of 6.1% for the current fiscal year, despite an almost 1% cut in the forecast. However, the IMF's World Economic Outlook released on Tuesday projected India's economy to grow by 7% in 2020 fiscal year.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2OZAj3Z
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