Published on 24 Apr 2024 on Time via Yahoo Finance
Narendra Modi, India's prime minister, during an event at Qudos Bank Arena in Sydney, Australia, on Tuesday, May 23, 2023. Credit - Brent Lewin—Getty Images
The International Monetary Fund issued a most unusual rebuttal this month. Its spokeswoman Julie Kozack told reporters in Washington that executive director Krishnamurthy Subramanian’s growth forecast of 8% for India did not represent the views of the IMF, which still maintained a projection of 6.5% for the country.