New Delhi: The International Monetary Fund (IMF) Tuesday raised India's FY25 growth projection to 7% from 6.8% forecast in April, retaining the country's fastest-growing economy tag. The latest upgrade reflects carryover from upward revisions in 2023 and takes into account improved prospects for private consumption, particularly in rural areas.
It retained the country's growth forecast for FY26 at 6.5%.
Source Name : Economic Times