New Delhi, July 29 -- The International Monetary Fund (IMF) on Tuesday raised India's growth forecast for FY26 to 6.4%, up from its earlier estimate of 6.2% made in April.

The revision came as part of the Fund's July update to its World Economic Outlook (WEO), which provides a mid-year reassessment of global growth trajectories.

The IMF attributed these upgrades to India's ongoing economic resilience and a more favourable global environment.

These are upward revisions of 0.2 and 0.1 percentage points, respectively, from the Fund's April outlook.

India's economy had slowed to 7.4% growth in the March quarter of FY25, pulling down the full-year growth rate to 6.5%, according to government data released on May 30.

The Asian Development ...