IMF raises India's fiscal 26 GDP growth forecast by 30 barrels to 6.2%, cutting global projections by 50 basis points – Capture key points
IMF GDP growth forecast for India 2025-26, IMF India GDP growth rate forecast: The International Monetary Fund (IMF) on Tuesday increased India's gross domestic product (GDP) growth by 30 basis points (BPS). The Multilateral Development Bank now expects India's GDP to increase by 6.2% in the fiscal year ended March 31, 2026. It revised its forecast for the next fiscal year to 20 basis points to 6.3%.
The International Monetary Fund (IMF) (with 190 countries as members) hopes that the country's consumer inflation averages 4.3% in fiscal 26 and then facilitates to 4.1% in the next fiscal year.
The latest economic promotions from the International Monetary Fund (IMF) come about two weeks after the Reserve Bank of India (RBI)’s Monetary Policy Committee lowered its annual GDP and retail inflation forecasts to 4.0% and 6.5% respectively.
RBI Governor Sanjay Malhotra said this week that the central bank will continue to track the rapidly growing global landscape while maintaining its monetary policy “agile and proactive”. The Indian economy and financial markets have shown significant resilience, but they are not immune to global uncertainty and volatility.
He acknowledged that the balance of growth inflation has improved a lot, and he said global headwinds and weather-related risks could still affect this prospect. “Even if we expect real GDP growth in fiscal 26 to be 6.5%, India is still the fastest growing economy. However, that's much lower than our desire. We have lowered the buyback rate twice and ensured adequate liquidity.” Read more about how the Reserve Bank of India now sees the economy
IMF Global GDP Growth Forecast
Development lenders have also cut global GDP growth estimates on global uncertainty and trade-related tensions.
Now, it expects global growth to reach 2.8% in 2025, marking a 50 basis point decline from previous projections.
In 2026, it expects global growth to reach 3.0%, 30 basis points below previous estimates.
