IMF GDP Forecast: Another bad news for China amid Israel-Hamas war

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World desk:
The world's trust in India has increased and the pace with which the Indian economy has gained momentum after Corona, global agencies are also positive about it.  Now again good news has come for the country from the International Monetary Fund i.e. IMF, the global agency has increased its growth forecast for India.  According to IMF, the Indian economy will grow at the rate of 6.3 percent.  On the other hand, China has once again suffered a setback and its growth has been estimated to be less than 5 percent.

 Indian economy will grow at the rate of 6.3%::::
 IMF has released the GDP growth forecast of all the countries of the world.  According to the report on Tuesday, the International Monetary Fund has increased India's growth forecast by 0.2 percent from the earlier 6.1 percent to 6.3 percent.  The IMF has revised its estimates after strong consumption in the April-June quarter.  While releasing the figures, IMF expressed hope that India will remain the fastest growing economy…
 The economic growth outlook released by the International Monetary Fund.  It does not include the situation arising out of the ongoing fierce war between Israel and Hamas (Israel-Hamas War) and the possibility of its impact on the economies.  Before the IMF, the World Bank has also projected India's growth for FY 24 at 6.3 percent, while expressing concern over the situation in China.  According to the World Bank, the Indian economy will remain faster than the Chinese economy.

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