India's eco growth is 'much weaker' than expected: IMF
Friday, 13 September 2019 The International Monetary Fund (IMF) on Thursday said that India's economic growth is "much weaker" than expected due to corporate and environmental regulatory uncertainty and "lingering weakness" in some non-Bank financial companies. The IMF has cut its projection for India's economic growth by 0.3 percentage points to 7% for the fiscal year 2019-20.
Growth investors: Don't count out e-commerce just yet as the secular trend in tech is still alive and kicking. A team of tech analysts at Goldman Sachs, led by Heath Terry, just raised their estimates..