IMF raises India's FY27 growth forecast to 7% from 6.4%, citing resilient domestic demand
The IMF has upgraded India's fiscal year 2027 growth forecast to 7%, up from the previous 6.4% projection. This revision is attributed to strong domestic demand and economic resilience.
Why it matters
An upward revision for India's growth suggests a positive outlook for one of the world's fastest-growing major economies, influencing investor sentiment.
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