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 economy has slowed substantially before and after the global financial crisis. The economy is in a weaker … position than before the crisis. With investment particularly hard-hit, potential GDP is likely to be lower than estimated …

imports. Nonetheless, India has very little room to adopt countercyclical policies, constrained by persistently-high inflation … India’s macroeconomic imbalances (high inflation, large current account and fiscal deficits) and structural weaknesses … is narrowing, driven by a significant improvement in exports, robust remittances flows, and a rapid diminution of gold …

. Spillovers from a deeper property sector correction in China remain an important risk, however, while geoeconomic fragmentation …

in China continued to be strong into the first half of 2018 but has likely slowed since, given the latest high … negative territory in the first quarter of 2018 before rebounding sharply in the second quarter. In India, growth continues to …