IMF calls for 'urgent' action by India amid slowdown

In an annual review, the International Monetary Fund observed that declining consumption and investment, and falling tax revenue, have combined with other factors to put the brakes on one of the fastest-growing economies in the world. "Addressing the current downturn and returning India to a high growth path requires urgent policy actions." said an IMF executive.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2SlRP3L