RBI vs IMF On India's Growth Numbers
Days after the International Monetary Fund (IMF) cut India's gross domestic product (GDP) growth forecast for the current financial year (FY24) to 5.9 per cent from 6.1 per cent earlier, a Reserve Bank of India (RBI) report said on Friday that the multilateral body might "encounter forecast error" as there could be positive surprises on the growth front. Is India's growth numbers off the chart or off the mark?
