IMF pins hope on India for global economic revival amid global economic slowdown

International Monetary Fund (IMF) pinned its hopes on India for global economic revival as it continues to remain a relative "bright spot" in the world economy, Asia Lite reported. A few days back, IMF released its much-awaited World Economic Outlook report 'A Rocky Recovery' which had predicted that India would grow 5.9 per cent this year. "We realised that 2020-2021 has been actually a lot better than we thought," IMF economist Daniel Leigh said at a press brie...