India's Economic Growth Outlook Brightens Amidst Global Headwinds; IMF Raises FY26 GDP Forecast
October 15, 2025
The International Monetary Fund (IMF) has revised India's GDP growth forecast for the fiscal year 2025-26 upwards to 6.6%, citing strong domestic economic momentum. This positive outlook comes despite global uncertainties, including the impact of US tariffs, which have been less severe than anticipated. Domestically, India's economy showed robust performance in the April-June quarter, driven by strong private consumption and significant growth in the services and manufacturing sectors. The banking sector, particularly Public Sector Banks, is also demonstrating stronger credit growth and improved performance.
Question 1 of 12