The International Monetary Fund (IMF) has raised India’s growth projection for the 2025-26 fiscal year to 7.3 per cent, citing stronger-than-anticipated economic performance in recent quarters. “Growth is projected to moderate to 6.4 per cent in 2026-27 and 2027-28 as cyclical and temporary factors wane,” it added. Global growth is projected at 3.3 per cent in 2026 and 3.2 per cent in 2027. For emerging market and developing economies, growth is expected to remain just above 4 per cent in both 2026 and 2027. China’s growth forecast for 2025 has been revised upward by 0.2 percentage point to 5 per cent.

Source: The Telegraph January 19, 2026 13:16 UTC