♦ The International Monetary Fund (IMF) has upgraded its forecast for India’s real gross domestic product (GDP) growth in the current fiscal year 2025–26 (FY26) to 7.3 percent. This represents a significant upward revision of 0.7 percentage point compared with the IMF’s previous estimates from late 2025. The revision was published in the IMF’s World Economic Outlook Update released in January 2026.

♦ IMF’s latest projections have no real surprises as far as growth for the global economies and other major economies is concerned as well. Global GDP growth is expected at 3.3% in 2025, same as 2024 and also in 2026.