IMF raises India s GDP growth projection

The International Monetary Fund (IMF) announced on Monday that it has increased its forecast for India’s gross domestic product (GDP) growth for the ongoing financial year, which runs from April 2025 to March 2026. The new estimate is 7.3 percent, up from the previous 6.6 percent. This new prediction is slightly below the Indian government’s estimate of 7.4 percent for the same timeframe. According to the IMF's report, the revision reflects better-than-expected growth during the third quarter (October-December 2025) and “strong momentum” heading into the fourth quarter (January-March 2026). The IMF also noted that growth is expected to slow to 6.4 percent in 2026 and 2027 as temporary and cyclical factors fade away.