"Growth in India is expected to rise above the rates in other major emerging market economies," the IMF said in its latest World Economic Outlook Update released here.
"India's growth is expected to strengthen from 7.3 percent this year and last year to 7.5 percent next year. Growth will benefit from recent policy reforms, a consequent pickup in investment, and lower commodity prices," it said.
On the other hand, growth in China is expected to decline to 6.8 percent this year and 6.3 percent in 2016.
Previous excesses in real estate, credit, and investment continue to unwind, with a further moderation in the growth rates of investment, especially that in residential real estate, it said.


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