New Delhi, Oct. 14 -- The International Monetary Fund (IMF) on Tuesday revised India's growth forecast for the fiscal year 2025-26 (FY26) upward to 6.6%, a 0.2 percentage point increase from its previous estimate of 6.4%.

This revision is largely due to India's strong growth momentum in the first quarter of FY26, which saw the economy grow at a rate of 7.8%

The upward revision is attributed mainly to the carryover effect from a strong first quarter, rather than any offsetting of recent US tariffs.

However, the IMF has lowered its growth forecast for the next fiscal year (FY27) by 0.2 percentage points to 6.2%, citing the impact of increased tariffs. The IMF has also downgraded its global growth forecast, expecting global growth to slow...