IMF raises India’s FY26 growth forecast to 7.3% | Business News

The International Monetary Fund (IMF) has revised its growth forecast for India, projecting an impressive 7.3% growth rate for the fiscal year 2025-26. This upward revision signifies increased confidence in India's economic resilience and potential, cementing its position as the fastest growing major economy globally. The IMF's outlook underscores the strength of India's economic policies and its ability to navigate global uncertainties effectively. In addition to the robust growth forecast for 2025-26, the IMF anticipates a slightly moderated growth rate of 6.4% for the following fiscal year, 2026-27. This continued growth trajectory is expected to be driven by a combination of strong domestic consumption, strategic government reforms, and a burgeoning digital economy. The sustained expansion highlights India's capacity to maintain momentum amid global economic challenges. The IMF's projections align with India's ongoing efforts to bolster its economic framework through infrastructure investments and policy initiatives aimed at enhancing ease of doing business. As India continues to attract foreign investments and foster innovation, these growth forecasts serve as a testament to its emerging role as a key player on the global economic stage. With these positive indicators, India remains a focal point for investors and policymakers worldwide.

— Authored by Next24 Live