India economy on verge of slow recovery as worst is over: PHDCCI
NEW DELHI: Industry body PHDCCI expects India’s GDP to contract by 7.9 per cent in the current financial year and grow by 7.7 per cent in 2021-22, assessing that the worst is over and the economy is on the verge of a slow recovery. The chamber, however, stated that unemployment remains a key challenge to […]
Growth slowdown in India temporary, expect momentum to improve going ahead: IMF chief
By Barun Jha DAVOS: IMF chief Kristalina Georgieva on Friday said growth slowdown in India appears to be temporary and she expects the momentum to improve going ahead. Speaking here at the WEF 2020, she also said the world appears a better place in January 2020 compared to what it was when IMF announced its […]