India’s growth outlook remains resilient even as global economic prospects dim, according to the International Monetary Fund’s (IMF) latest World Economic Outlook report.

The report projects India’s FY26 growth at 6.6%, revised up by 20 basis points from July’s forecast of 6.4%, reflecting a strong Q1 carryover that offsets the impact of increased US tariffs on imports from India. Growth in FY27 is projected at 6.2%, down 20 basis points from July’s estimate, as the initial momentum from FY26 gradually normalises. The IMF highlighted that India’s upside surprise is supported by robust expansion in the services sector.

Global growth fragile

While India shows resilience, the IMF warned that global growth remains fragile, with risks still tilted to the downside, with persistent fragility d

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