New Delhi, Jan. 20 -- The International Monetary Fund (IMF) on Monday sharply raised its economic growth forecast for India for the current financial year (FY26) to 7.3% from 6.6% in October, reflecting the better-than-expected outcome since then. The IMF projected in its World Economic Outlook 2026 that India's growth would then moderate to 6.4% in FY27 and FY28 as cyclical and temporary factors waned. Inflation in India is expected to return to near target levels after a marked decline in 2025 driven by subdued food prices, the IMF said. The multilateral agency also upgraded its estimate of global economic growth for calendar years 2025 and 2026 to 3.3%, from 3.2% and 3.1% respectively in October. For 2027, it forecast 3.2% growth. The IMF attributed the steady global growth thus far to a balance of two opposing forces: headwinds from volatile trade policies and tailwinds from a surge in AI and technology investments across North America and Asia. This was further bolstered by supportive fiscal and monetary measures. P11...