Tag - indian economy

India is going through a significant economic slowdown: IMF

India’s economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government data. India is now in the midst of a significant economic slowdown,” says Ranil Salgado, of the IMF Asia and Pacific...

India drops from 5th to 7th largest economy in 2018

The data compiled by the World Bank showed India being pushed to seventh place, with UK and France forging to fifth and sixth places respectively in Global GDP rankings for 2018. The US remained at the top with China and Japan at second and third-ranking consecutively. In 2017, India was in the...