India's economic story in fast lane, IMF projects 7% GDP growth for FY26 and FY27
The International Monetary Fund projected India's GDP growth at 7% for both FY26 and FY27, driven by strong domestic demand and a thriving services sector. Revisions from the World Bank and OECD underscore India's economic resilience despite challenges like rising energy prices and geopolitical tensions. This growth positions India favorably compared to other major economies.