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IMF says near-term growth prospects remain favourable in India

Last Updated: Thursday, September 3, 2015, 08:29

Near-term growth prospects remain favourable in India but some macroeconomic imbalances still exist, International Monetary Fund said today ahead of the meeting of finance ministers from G-20 countries in Turkey.

Near-term growth prospects remain favourable in India: IMF

Last Updated: Thursday, September 3, 2015, 08:20

Global growth in the first half of 2015 was lower than in the second half of 2014, reflecting a further slowdown in emerging economies and a weaker recovery in advanced economies.