IMF cuts India view, cautions against global de-integration

The 21st-century world is deeply integrated with interconnected supply chains and financial flows, and any unwinding of this integration could trigger significant economic upheaval, the International Monetary Fund (IMF) cautioned. The warning came on a day IMF’s World Economic Outlook (WEO) cut India's growth forecast for the current fiscal year to 6.2% and slashed its global trade outlook, as the US tariff war raises concerns worldwide. The fund had earlier predicted 6.5% growth for India in October, which was reiterated in January. The latest revision comes after similar cuts by the Asian Development Bank (ADB), Moody’s Analytics and S&P Global….