IMF Lowers India Growth Forecast To 4.8% For Current Financial Year, Other Top Stories
The International Monetary Fund on Monday cut its 2020 global growth forecasts due to the sharper-than-expected slowdowns in India and other emerging markets. IMF's Chief Economist Gita Gopinath said India is the biggest contributor to the downward revision; JP Nadda was elected unopposed as the new BJP President. Mr Nadda took over the reins of the post from Home Minister Amit Shah; Church joined the protests against the contentious citizenship act in Kolkata. Priests in the Bengal capital took to the streets against the controversial law; The Andhra Pradesh assembly passed a controversial legislation aimed at establishing three capitals in the state amid protests by opposition leaders and farmers on Monday night.
