Julia Lambert
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Julia Lambert in WT Trader,

IMF revised Indian GDP forecast

IMF sharply downgraded Indian GDP forecast by 1.80% to 3.8% in 2013 and next year growth rate will be 5.1% down from earlier forecast of 6.2%.

But it’s stock market doesn’t seem to be upset: Sensex index is up today by 1.33% and Indian rupee is trading with minor changes in pair with dollar.