IMF RAISES INDIA FY26 GDP GROWTH FORECAST TO 6.6%

‘Global economy in flux, prospects remain dim, prices rising in US’

- Business Desk

International Monetary Fund (IMF) on Tuesday revised upwards India’s GDP growth forecast for the current fiscal to 6.6% compared to its earlier estimate of 6.4% on the back of strong growth, offsetting the impact of US tariffs on Indian shipments.

“The year 2025 has been fluid and volatile, with much of the dynamics driven by a reordering of policy priorities in the US and the adaptation of policies in the other economies to new realities.

Trade news has dominated the headlines, and, along with them, perceived prospects for the global economy have fluctuated,” IMF said. In its latest World Economic Outlook (WEO), the multilateral lending agency has lowered the growth forecast for India by 20 basis points to 6.2% for 2026-27.