The International Monetary Fund (IMF) has revised India’s GDP growth forecast for the current fiscal year upward to 6.6 per cent, up from its earlier estimate of 6.4 per cent, citing strong economic momentum that has helped offset the impact of US tariffs on Indian exports. The update came as part of the IMF’s latest World Economic Outlook (WEO) report released on Tuesday. “Compared with the July WEO Update, this is an upward revision for 2025, with carryover from a strong first quarter more than offsetting the increase in the US effective tariff rate on imports from India since July, and a downward revision for 2026,” the report said.
