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30th July 2025 (13 Topics)

IMF Upgrades India’s FY26 GDP Forecast to 6.4%

Context

The International Monetary Fund (IMF) has raised India’s GDP growth forecast for FY26 to 6.4%, citing easing global trade tensions and resilient economic activity.

Revised Growth Forecasts:

  • IMF has upgraded India's GDP growth forecast for FY26 to 6.4%, up from 6.3% predicted earlier.
  • India remains the fastest-growing major economy in the world in both 2025 and 2026.
  • The global growth forecast is now 3% for 2025 and 1% for 2026, up from 2.8% and 3% respectively.

Comparison with Other Economies (2025–26 projections):

  • China: 4.0%
  • US: 1.9%
  • Euro Area: 1.8%
  • World: 3.0%
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