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International Monetary Fund raises India's growth forecast to 7 per cent in FY27

India stands out with upward revisions, reflecting sustained momentum and growing evidence of stronger growth potential supported by favourable demographic dynamics, a large and expanding domestic market, and continued structural reform

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Representational Image. File pic.

Representational Image. File pic.

The International Monetary Fund (IMF) on Tuesday said India remains among the fastest growing major economies in the world and raised its FY27 GDP forecast to 7 per cent from earlier projection of 6.4 per cent, citing resilient domestic demand.

"India remains among the fastest-growing major economies, with growth in 2026 projected at 7.0 per cent," the IMF said in its October 2026 World Economic Outlook.

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