Tag: India

The International Monetary Fund has upgraded its economic forecast for India for 2024, while warning that growth will dip in the following year.

Indian stocks sank Tuesday as Prime Minister Narendra Modi and the ruling Bharatiya Janata Party struggled to hang on to a majority based on early results Tuesday.

The International Monetary Fund raised its 2023 growth forecast for India by 20 basis points to 6.1%, bolstering expectations that the current G20 chair will be the world’s fastest growing major economy this year.

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The U.S. and India are set to announce a slew of defense and technology collaborations on Thursday during Prime Minister Narendra Modi’s state visit, U.S. officials said.