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-6.07843613995821E-05 -0.000389019912956855 -0.00182353084198497 -0.00333098300469256 -0.00265019815701824 0.00218823701038191 0.00109411850519096 -0.00125215784482965
Stock impact report

Modi's India Is No Economic Miracle [Yahoo! Finance]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Yahoo! Finance
T he International Monetary Fund issued a most unusual rebuttal this month. Its spokeswoman Julie Kozack told reporters in Washington that executive director Krishnamurthy Subramanian's growth forecast of 8% for India did not represent the views of the IMF, which still maintained a projection of 6.5% for the country. Subramanian's views—expressed at an event in New Delhi a few days earlier—were in his role as India's representative at the IMF, she said. The “executive director” is actually one of the 24 such directors elected by member countries to the IMF's “executive board,” which, confusingly enough, is “distinct from the work of the IMF staff.” Just how distinct became clear when Subramanian trashed IMF staff on X in response, saying the institution's GDP forecasts for India are “consistently INACCURATE.” As a former chief economic adviser to Indian Prime Minister Narendra Modi and delegated to the IMF by the Modi government, Subramanian has good reason to take umbrage at the Show less Read more
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