IMF calls for ‘urgent’ action by India amid slowdown
NEW DELHI: India’s government must take steps quickly to reverse the economic slowdown of an economy that has been one of the engines of global growth, the International Monetary Fund (IMF) said Monday. Declining consumption and investment, and falling tax revenue, have combined with other factors to put the brakes on one of the fastest […]
India headed for slowdown; Narendra Modi government left economy in ‘dire straits’: Manmohan Singh
By Sanjeev Chopra NEW DELHI: Former prime minister Manmohan Singh on Sunday said India is headed for an economic slowdown and accused the Narendra Modi government of leaving the economy in dire straits due to its “lack of economic vision”. Citing the latest economic growth figures to suggest an impending slowdown, the senior Congress leader […]