IMF Signals Likely Upgrade to India's Growth Forecast Amid Strong Economic Performance

The International Monetary Fund (IMF) has affirmed India as a key growth engine for the global economy, citing stronger-than-expected third-quarter growth and robust domestic consumption. The IMF had previously projected India's fiscal year 2025-26 growth at 6.6%, but recent data suggests an upward revision is likely in the upcoming January World Economic Outlook update. This positive outlook contrasts with earlier criticisms of India's economy, highlighting its resilience amid global economic uncertainties.