IMF Sees India Bucking Global Slowdown, Raises 2026 Growth Forecast to 7%
The IMF cited sustained momentum and reforms as it lifted India’s 2026-27 outlook by 60 basis points, while trimming global growth to 3.1%.
- On Tuesday, the International Monetary Fund raised India's 2026 growth forecast to 7% from 6.4%, citing resilient domestic demand and robust services activity despite higher oil prices.
- Sustained economic momentum, favorable demographics, and a large domestic market support India's growth, while ongoing structural reforms further bolster long-term economic potential.
- While the IMF lowered 2026 growth forecasts for Brazil and Russia to 2.2% and 0.9% respectively, India remains an exception to medium-term downgrades concentrated among energy-importing economies.
- Global growth is projected at 3.1% in 2026, though the IMF noted the world economy remains resilient amid fragmentation from conflict and energy-price shocks.
- India is on track to double its economy to $8 trillion in a decade, with existing free trade agreements expected to add about $140 billion to GDP by 2035.
19 Articles
19 Articles
IMF Turns More Optimistic on India, Raises FY27 Growth Forecast from 6.4% to 7%
The International Monetary Fund has raised India’s growth forecast for 2026-27 to 7 per cent, strengthening expectations that the country will remain the fastest-growing major economy despite a weaker and more uneven global backdrop. The revision, from an earlier estimate of 6.4 per cent, comes soon after the World Bank and the Reserve Bank of India also upgraded their projections for India.The
IMF Projects India’s Growth at 7% in FY27 and FY28, Flags Fragile Global Outlook
Get latest articles and stories on Business at LatestLY. The International Monetary Fund (IMF) has projected India's economy to grow by 7 per cent in both FY27 and FY28, even as it warned that the resilience of the global economy is becoming increasingly fragile amid higher energy and food prices and geopolitical uncertainty. Business News | IMF Projects India’s Growth at 7% in FY27 and FY28, Flags Fragile Global Outlook.
IMF sees India bucking global slowdown, raises 2026 growth forecast to 7%
IMF projects India's growth for 2026 at 7%, up from previous estimates. This revision is attributed to resilient domestic demand and robust services activity. Other agencies, such as the World Bank, also raised their growth forecasts, reflecting confidence in India's economic stability. Despite challenges like higher oil prices, India's growth outlook remains significantly improved. However, persistent global uncertainties could affect future gr…
IMF raises India's FY27 growth forecast to 7% from 6.4%, citing resilient domestic demand
The IMF has raised India's growth outlook by 60 basis points despite higher global energy prices, citing stronger economic momentum, robust services activity and sustained domestic demand
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