NEW DELHI: The International Monetary Fund (IMF) on Tuesday revised India’s growth forecast for the fiscal year 2025-26 (FY26) upward to 6.6%, a 0.2 percentage point increase from its previous estimate of 6.4%.
This revision is largely due to India’s strong growth momentum in the first quarter of FY26, which saw the economy grow at a rate of 7.8%.
The upward revision is attributed mainly to the carryover effect from a strong first quarter, rather than any offsetting of recent US tariffs . . .
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