The International Monetary Fund (IMF) has indicated it will likely raise its economic growth projections for India, following better-than-expected performance in the third quarter. Julie Kozack, IMF’s Communications Director, described India as a major engine for global growth during a press conference in Washington. The upcoming January update of the World Economic Outlook will reflect these revisions, building on previous estimates of 6.6% for fiscal year 2025-26. This potential upgrade underscores India’s stability and resilience despite a volatile global economic landscape marked by policy shifts and trade uncertainties.
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