India’s economy has slowed substantially before and after the global financial crisis. The economy is in a weaker …

The 2023 Article IV Consultation highlights that India is on track to be one of the fastest growing major economies in … promote transparency and accountability and align policies with India's development goals. In order to reap the benefits of …

India’s macroeconomic imbalances (high inflation, large current account and fiscal deficits) and structural weaknesses … imports. Nonetheless, India has very little room to adopt countercyclical policies, constrained by persistently-high inflation … facing India. Further increases in the policy rate will be necessary to tackle high inflation and inflation expectations …