Washington, Oct. 14 -- The International Monetary Fund hiked India's GDP growth prediction for FY2025-26 by 20 basis points to 6.6 percent.

Last week, the World Bank elevated India's FY2026 GDP forecast to 6.5 percent from 6.3 percent in June this year.

It had slashed the growth forecast for FY2026-27 by 20 basis points to 6.3 percent, in view of the higher-than-anticipated tariffs on India's exports to the United States.

The World Bank had said India would continue to be the world's fastest growing major economy, bolstered by sustained strength in consumption growth.

Pierre-Olivier Gourinchas, Economic Counsellor and Director of the Research Department at the International Monetary Fund (IMF), has urged countries to strengthen their ...