India will grow at 6.6%, fastest in world: IMF in fresh outlook
New Delhi, Oct. 15 -- India will continue to be the fastest growing major economy in the world and do better than it was expected to in July, the IMF said in its World Economic Outlook released on Tuesday. India's projected GDP growth for 2025-26 is 6.6%, 20 basis points more than what it was in WEO's July projections. One basis point is a hundredth of a percentage point. To be sure, the 2026-27 GDP growth forecast for India has been brought down by 20 basis points compared to the July projection to 6.2%. IMF's latest projection for India is slightly lower than the 6.8% forecast by RBI released earlier this month.P2...
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