IMF keeps growth forecasts for India unchanged at 7% for FY25, 6.5% for FY26
For India, the October outlook projects a headline inflation figure of 4.4% for FY25 and 4.1% for FY26.
For India, the October outlook projects a headline inflation figure of 4.4% for FY25 and 4.1% for FY26.
Global economic projections by the IMF indicate a growth rate of 3.2% in 2024, with balanced risks.
For the fiscal years 2025-26 and 2026-27, Fitch projected growth rates of 6.5 per cent and 6.2 per cent, respectively.
Earlier in February, the rating agency had reduced its growth projections for Asia’s largest economy to 5.4 per cent from 6.6 per cent.
