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IMF says India will reclaim status of world’s fastest-growing economy
Amid exceptional uncertainty, the global economy is projected to grow 5.5 per cent in 2021 and 4.2 per cent in 2022.
IMF projects Indian economy to be fastest-growing next financial year at 11.5 per cent
The report, however, expected the gross domestic product (GDP) to dip in 2022-23 fiscal year to 6.8 per cent.
Forex reserves touch life-time high
In the previous week ended October 9, 2020, the reserves had increased by $5.867 billion to reach $551.505 billion
World economy in deep recession: IMF
IMF says growth to be -4.4 per cent in 2020 due to the impact of the coronavirus pandemic
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