New Delhi, 14/10: The International Monetary Fund (IMF) has raised India’s growth forecast by 0.2 percentage points to 6.6 per cent for the 2025/26 fiscal year as the country’s strong growth momentum is seen offsetting the impact of high US tariffs on Indian goods.
India’s GDP grew at an unexpectedly higher pace of 7.8per cent in April-June thanks to strong private consumption, helping it remain the fastest growing major economy despite a cloudy export outlook due to steep 50 per cent tariffs imposed by US President Donald Trump
