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India to grow at 7.7 per cent in 2018-19: IMF

The International Monetary Fund on Tuesday reportedly said India's growth is expected to rebound to 7.2 percent in the 2017–18 fiscal and 7.7 per cent in 2018-19. Stating that the disruptions caused by demonetisation are expected to gradually dissipate in 2017, the IMF recommended the removal of long-standing structural bottlenecks to enhance market efficiency.

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