♦ The International Monetary Fund (IMF) retained India's growth forcastat 6.5 percent for for fiscal 2026 and fiscal 2027, the global economic body said in its World Economic Outlook report.
♦ It predicts that growth in the second half of FY25 will be better than the first half.
♦ On the international front, the IMF forecasted that global growth is projected at 3.3 percent in both 2025 and 2026, below the historical (2000-19) average of 3.7 percent.