India, Jan. 19 -- India's economic outlook has received a fresh boost after the International Monetary Fund (IMF) raised its growth projection for the country, pointing to stronger-than-expected performance in recent quarters. The upward revision signals confidence in India's near-term growth momentum even as the global economy continues to face uncertainty.

In its latest World Economic Outlook (WEO) update, the IMF revised India's growth forecast for the 2025-26 fiscal year (FY26) to 7.3 per cent, an increase of 0.7 percentage points from its October estimate. The multilateral lender also marginally raised its projection for 2026-27 to 6.4 per cent, up from 6.2 per cent earlier.

The IMF attributed the upward revision to better-than-exp...