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When everyone is slowing, India is doing better and in relative bright spot compared to others: IMF

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Image Credit: swarajyamag

When everyone is slowing down in terms of economic growth, India has not remained unimpacted, but is doing better and is in a relatively bright spot compared to other countries, a top IMF official said. Just look at the global conjuncture right now, which is the overarching problem, IMF Director of Asia and Pacific Department said, adding that the growth was "slowing across many parts of the world even as inflation is rising".