BusinessPhoto: Business StandardIMF Raises India's GDP Growth Forecast to 7% for FY27
The International Monetary Fund (IMF) has increased India's GDP growth forecast for 2026-27 to 7%, citing strong domestic demand and robust services activity. The IMF also raised the FY28 growth projection to 7%. This upgrade reflects India's strong economic momentum, supported by favorable demographics, a large market, and ongoing reforms. Inflation is expected to average 5% in FY27, easing to 4.4% in FY28.
Business Standard·




