IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economy

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India’s FY27 growth is projected at 6.4 percent by the IMF. Strong private consumption and services activity support this economic expansion. Global growth forecasts for 2026 and 2027 have seen adjustments. The IMF raised India’s FY28 growth projection to 6.7 percent. India is expected to record the highest growth rate among major economies.

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IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economy

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