Bhubaneswar, Oct. 14 -- India's economic engine continues to roar as the International Monetary Fund (IMF) has revised the country's FY26 growth forecast upward to 6.6%, from 6.4% projected earlier in July. The latest upgrade, published in the IMF's October World Economic Outlook, reflects the strong momentum from India's 7.8% first-quarter expansion, the fastest in over a year.

The global lender credited resilient domestic demand, buoyant services exports, and robust investment activity for the country's outperformance, reaffirming India's position as the world's fastest-growing major economy.

The IMF noted that India's economy expanded by 7.8% in the first quarter of FY26, the fastest pace in over a year. The upbeat performance was dr...