Published : 18 Jul 2024, 02:34 PM
Updated : 21 Aug 2026, 11:41 AM
The International Monetary Fund on Tuesday raised India's growth forecast for 2024-25 to 7% from 6.8% on the back of improving private consumption, particularly in rural India.
The IMF left unchanged its estimate for a 6.5% growth in Asia's third largest economy's gross domestic product in the 2025-26 financial year, it said in the World Economic Outlook.
The IMF had raised its forecast for India's GDP growth to 6.8% from 6.5% in April.
