IMF raises India's GDP growth forecast to 7% for 2026-27 amid global uncertainties
- The International Monetary Fund has revised India's GDP growth estimate for 2026-27 to 7%, up from 6.4% in July.
- The IMF said the forecast reflects strong domestic demand and robust services activity amid geopolitical tensions.
- The IMF projects India's GDP growth for 2027-28 at 7%, an increase from the previous estimate of 6.7%.
- The IMF noted advanced economies are expected to grow by 1.8% in 2027, underscoring India's role as a global growth driver.
Source: ndtv.com
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