India one of world's fastest growing large economies: IMF
Washington, Mar 22: India has been one of the fastest growing large economies in the world, the International Monetary Fund (IMF) has said, asserting that the country has carried out several key reforms in the last five years, but more needs to be done.
Responding to a question on India's economic development in the last five years at a fortnightly news conference here, IMF communications director Gerry Rice Thursday said, "India has of course been one of the world's fastest growing large economies of late, with growth averaging about seven per cent over the past five years."
"Important reforms have been implemented and we feel more reforms are needed to sustain this high growth, including to harness the demographic dividend opportunity, which India has," he said.
Details about the Indian economy would be revealed in the upcoming World Economic Outlook (WEO) survey report to be released by the IMF ahead of the annual spring meeting with the World Bank next month, he said.
This report would be the first under Indian American economist Gita Gopinath, who is now IMF's chief economist.
"The WEO will go into more details. But amongst the policy priorities, we would include accelerate the cleanup of banks and corporate balance sheets, continue fiscal consolidation, both at centre and state levels, and broadly maintain the reform momentum in terms of structural reforms in factor markets, labour, land reforms and further enhancing the business climate to achieve faster and more inclusive growth," Rice said.
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Kerala court acquits actor Dileep in 2017 actress assault case, six found guilty
Kochi (PTI): A Kerala court on Monday acquitted Malayalam actor Dileep in a case relating to the sexual assault of a South Indian actress in Kochi in 2017.
The court, however, found six others, including prime accused Sunil N S alias Pulsar Suni, who directly committed the crime, guilty.
Apart from Dileep, the court also acquitted three other persons in the case.
The verdict was pronounced by Ernakulam Principal Sessions Judge Honey M Varghese, who had concluded the hearing in the lengthy trial on November 25.
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The assault on the actress, who has worked in Tamil, Telugu and Malayalam films, after her car was abducted for two hours, had shaken the conscience of Kerala society.
According to the prosecution, several persons forced their way into the vehicle on the night of February 17, 2017 and later escaped in a busy area.
The ten accused who faced trial are Sunil NS alias Pulsar Suni, Martin Antony, Manikandan B, Vijesh V P, Salim H, Pradeep, Charly Thomas, actor Dileep (real name P Gopalakrishnan), Sanil Kumar alias Mesthri Sanil, and Sharath.
Police arrested the accused soon after the incident and filed the first charge sheet against seven persons in April 2017.
During further investigation, Dileep was arrested on July 10, 2017 after the probe team found that the prime accused, Suni, had allegedly sent a letter to him from jail.
Dileep was granted bail on October 3, 2017.
