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IMF upgrades India growth outlook
IMF raised India’s FY26 growth forecast, reinforcing confidence in domestic demand while highlighting risks from global trade and commodity volatility.
The International Monetary Fund raised India’s GDP growth forecast for FY26 to seven point 3%, citing strong domestic demand and resilient consumption trends. The revision supports expectations of steady household income growth and improved financial sector activity. Economists noted that higher growth visibility could aid credit expansion and insurance penetration, although global trade uncertainties and commodity price volatility remain key risks to the outlook.