IMF Raises India's FY26 Growth Forecast to 7.3% Amid Strong Demand

• The International Monetary Fund (IMF) has increased India's economic growth forecast for FY26 to 7.3%, up from 6.6% previously.
• The growth forecast for FY27 has also been raised from 6.2% to 6.4%, with FY28 expected to remain stable at 6.4%.
• Strong domestic demand, robust economic activity, and better-than-expected Q3 results contributed to the upward revision.
• Moody's Ratings also projected India's growth at 7.3% for the current financial year, citing strong economic expansion.
• IMF's revised forecast aligns closely with the Indian government's 7.4% estimate and the World Bank's 7.2% projection for FY26.

Why It Matters: IMF boosts India's FY26 growth forecast to 7.3%, highlighting strong domestic demand and economic resilience.