SEBI Reg. Investment Advisor

Download App
Help Center Pricing
Money Works 4 Me Logo MoneyWorks4Me
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up
  1. Home
  2. Stock Market News
  3. Indian economy to grow at 5.9% in 2013: IMF

Indian economy to grow at 5.9% in 2013: IMF

24 Jan 2013 Evaluate

In line with the gradual strengthening of global expansion, the International Monetary Fund (IMF) has pegged India's economic growth rate in 2013 at 5.9% and projected a higher growth of 6.4% in 2014. In its update to the World Economic Outlook (WEO), IMF expects the global economy growth to reach 3.5% in 2013, higher than the estimated 3.2%. For China, the IMF has projected a growth rate of 7.8% in 2012, 8.2% in 2013 and 8.5% in 2014.

Further as per IMF, growth in emerging markets and developing economies is on track to build to 5.5% in 2013. Supportive policies have underpinned much of the recent acceleration in activity in many economies. However, growth is not projected to rebound to the high rates recorded in 2010-11. Developing Asia, including China and India, will remain the fastest-growing region in the world, according to IMF forecast.

Giving the assumption of lower commodity prices in 2013 in its update, IMF reported that the weakness in advanced economies will weigh down the external demand, as well as the trade of commodity exported. By adding further, IMF said the space for further policy easing has diminished, while supply bottlenecks and policy uncertainty have hampered growth in some economies like Brazil and India.

As per the report, economic conditions have improved modestly in the third quarter of 2012, with global growth increasing to about 3%, the IMF report said the main sources of acceleration were emerging market economies, where activity picked up broadly as expected, and the United States, where growth surprised on the upside. However, a broad set of indicators for global industrial production and trade suggest that global growth did not strengthen further.  

Register Now to get our Free Newsletter & much more!
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×