IMF to Indian economy growth forecast in Jan next

New Delhi, Dec 1: International Monetary Fund has said it will update the forecast for India, including the growth rate in January next year, with the update of its World Economic Outlook, an IMF statement said. 

Responding to a query regarding IMF impression about India's current economic scene during a media briefing at its headquarters, IMF’s spokesperson Gerry Rice on Thursday said he did not had much fresh to comment over the issue.
"We will be updating the forecast for India, including the growth rate, and that will be coming January with the update of our World Economic Outlook," Rice said.
The IMF statement follows the latest figures revealing that India grew at 6.3 per cent in the September quarter compared to 5.7 per cent in the June quarter, reflecting an improvement in the Indian economy.
Recently, the US-based Moody's upgraded India's sovereign rating after a gap of 13 years to Baa2, with 'stable' outlook, from Baa3 earlier, followed by S&P Global Rating, which kept India's sovereign rating unchanged at BBB. UNI