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International Monetary Fund’s (IMF) Deputy Director for Asia and Pacific, Kalpana Kochhar, told Reuters at the IMF-World Bank conference in Istanbul last week that the outlook for India’s economy in the medium term is quite strong and the IMF may even raise its 6.8 percent growth forecast for the 2010/2011 fiscal year as domestic demand and exports pick up. India’s outlook was quite strong because unlike some other Asian countries, it had two engines of growth — a very strong domestic demand ...