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India a 'bright spot' on cloudy global horizon, will clock 7.2% growth: IMF

Last Updated: Monday, March 16, 2015, 10:09

Lagarde further said, "Just as many countries around the world are grappling with low growth, India has been marching in the opposite direction."

India better prepared for external financial shocks: IMF

Last Updated: Monday, March 16, 2015, 09:54

India is better positioned to cope with external financial shocks than most emerging market economies, International Monetary Fund head Christine Lagarde said.