Thursday, October 10, 2013

Ignore the IMF, Go with Rajan on Growth

On India’s growth prospects, RBI Governor Raghuram Rajan is more correct than the International Monetary Fund (IMF). The Washington-based multilateral lender, which released its World Economic Outlook on Tuesday, has trimmed India’s growth forecast down from 5.6% to 3.8%, calculated at market rates. This is the steepest fall in terms of.................

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