Bhubaneswar, April 22 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/IMF_1737183359.jpg
Citing trade tensions and uncertainties oozing from 'Trump-tariff', International Monetary Fund (IMF) has slashed down growth forecast for global economy by 0.5 per cent for this year to 2.8 per cent, though it expects India's GDP growth to remain above 6 per cent, despite all the odds.
The IMF released the April 2025 World Economic Outlook (WEO) report in Washington on Tuesday.
The report said that shortly after the January 2025 WEO Update, the US announced multiple waves of tariffs on major trading partners and critical sectors.
"For this reason, we expect that the sharp increase on April 2 in both tariffs and uncertainty will lead t...