IMF says India remains growth engine for world, monitoring impact of higher oil prices
India's economy stands out as a powerhouse of global growth, as noted by the IMF. The second quarter showcased an impressive 7.8% growth, surpassing expectations. This surge was driven by vibrant services and robust exports. The IMF is currently observing how oil prices might affect India’s financial landscape, with an updated forecast set to release next month.
We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.
