22/10/2024, 6:58:03 pm

IMF keeps India’s FY25 GDP growth forecast unchanged at 7%

The International Monetary Fund (IMF) kept India’s GDP growth forecast for FY25 unchanged at 7 percent, its new World Economic Outlook showed on October 22.The multilateral development bank projected the economy to grow 6.5 percent in FY26, also unchanged from its previous outlook in July. The Indian economy had expanded 6.7 percent in the first quarter of FY25, according to data released.