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IMF revises upwards India’s GDP growth forecast to 6.6% for FY26

The New Indian Express Mangaluru

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October 15, 2025

THE International Monetary Fund (IMF) on Tuesday revised upwards India’s gross domestic product (GDP) growth forecast for the current financial year to 6.6% as against its earlier estimate of 6.4%.

- ENS ECONOMIC BUREAU @ New Delhi

IMF revises upwards India’s GDP growth forecast to 6.6% for FY26

The global fund said the forecast is on the back of strong growth, which will offset the impact of US tariffs on Indian shipments. In its latest World Economic Outlook (WEO), the agency lowered the growth forecast by 20 basis points to 6.2% for 2026-27. The Indian economy increased by 7.8% in April-June, the highest in five quarters, before the disruptive US tariffs were imposed.

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The New Indian Express Mangaluru

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Setback to Choksi as Belgian court okays diamond bizman extradition

ONE of the eight Antwerp courts for distinct civil and criminal matters has ruled that fugitive Indian diamond merchant Mehul Choksi can be extradited to India, and termed his arrest by the Belgian authorities on the basis of India's request valid, officials here said on Friday.

time to read

2 mins

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Amid US-China trade war, India weighs options to curb dumping

WITH the US threatening China with a 130% tariff, India is becoming more cautious as there is a significant possibility of Chinese dumping in India.

time to read

1 mins

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The New Indian Express Mangaluru

Dy CM, 19 freshers in new Gujarat ministry

GUJARAT on Friday witnessed a total reset of Chief Minister Bhupendra Patel’s ministerial team ahead of the local body elections, with the elevation Harsh Sanghvi as Deputy Chief Minister in a 26-member ministry that includes 19 freshers.

time to read

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Lenskart likely to raise ₹430 cr in pre-IPO deal

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time to read

3 mins

October 18, 2025

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