IMF makes sharp revision, says India's economy set to contract by 4.5%

India's economy is hurtling down with the IMF now projecting FY21 GDP growth to contract by 4.5 per cent. According to IMF's chief economist Gita Gopinath, India's sharp downward revision was due to the rising number of COVID-19 infections and the impact of the lockdown.

published on : 25th June 2020

U.S. keen to invest in India: Arun Jaitley 

The Finance Minister, who held meetings with U.S. Commerce Secretary, Wilbur Ross, and Treasury Secretary, Steven Mnuchin earlier, added that a business delegation will also visit India.

published on : 15th October 2017