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IMF flags India as key global growth driver

IMF upgrades India FY26 growth outlook to 6.6%.
The International Monetary Fund has identified India as a major engine of global growth, projecting 6.6% expansion in FY26, higher than earlier estimates. The upgrade follows stronger economic data, resilient services activity, and steady investment flows. IMF officials said India’s momentum contrasts with slower recoveries across several advanced economies that continue to face tighter financial conditions, weaker demand, and prolonged policy tightening pressures globally