The International Monetary Fund raised its growth forecast for India to 6.5%, which represents a slight increase from the previous forecast.
The International Monetary Fund (IMF) on Tuesday, April 14 revised and updated India’s growth forecast to 6.5% for fiscal year 2026-27, implying an additional 0.1 percentage point increase in GDP from the previous forecast made in January.
The obvious reason is the reduction in US tariffs on Indian goods from 50% to 10%, which would offset the negative impact caused by the ongoing conflict in West Asia sparked by the US-Israeli strikes in Iran in February.
This is a breaking news report. To be updated soon.
Follow the latest breaking news and developments from India and around the world with Hindustan Times Newsdesk. From politics and politics to economics and the environment, from local issues to national events and global affairs, we’ve got you covered.Read more
