May 17, 2024 20:18 (IST)
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IMF raises India's FY25 GDP growth forecast by 30 bps to 6.8%

IMF raises India's FY25 GDP growth forecast by 30 bps to 6.8%

New Delhi: The International Monetary Fund (IMF) increased its forecast for India's GDP growth in 2024-25 by 30 basis points to 6.8%, it said in an update to the World Economic Outlook (WEO).

India steadfast despite formidable challenges says IMF report; Predicts India will grow by nearly 6% in FY24

India steadfast despite formidable challenges says IMF report; Predicts India will grow by nearly 6% in FY24

Washington/New Delhi: India is expected to be the world's fastest-growing economy, despite facing significant challenges like financial sector turbulence, inflationary pressures, the impact of the Russia-Ukraine conflict, and the continued effects of the Covid-19 pandemic in the last three years, according to the International Monetary Fund's World Economic Outlook report.