Economy
IMF paper doubts India's growth sustainability
EVEN as the Indian economy is yet to get out of the pronounced slowdown and downturn in manufacturing activity, a new research dissertation by the International Monetary Fund (IMF) has posed the query as to whether India's rather strong economic performa nce could be sustained ``without fiscal policy adjustment.''

`Alternative to WTO is adversity'
IF India's vulnerability has increased after joining the World Trade Organisation (WTO) as is made out in some quarters, it can decide to quit the multilateral rule-based trading arrangement by serving a notice. But the alternative could be much worse as the country will be subjected to the tyranny of bilateral negotiations, according to Mr Nripendra Misra, Special Secretary in the Ministry of Commerce.

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